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Friday, August 12, 2016

Walmart Announces Purchase of Jet.com but Small Sellers May See Little Benefit

Walmart (NYSE: WMT) announced this week that it has agreed to buy Jet.com, an ecommerce site that was hyped to be an Amazon (NASDAQ: AMZN) killer, for $3.3 billion in cash and stocks.



Walmart Announces Purchase of Jet.com but Small Sellers May See Little Benefit

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