Is Walmart's Deal to Jet.com for $3B a 'Desperate Move'?
August 9, 2016
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2:51Now PlayingIs Walmart's Deal to Jet.com for $3B a 'Desperate Move'?
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as posted by the channelAug. 8 -- Wal-Mart Stores Inc. agreed to buy e-commerce startup Jet.com Inc. for about $3 billion in cash, giving the world’s largest retailer the resources for a stronger shopping website to compete with Amazon.com Inc., the online market leader. Bloomberg's Jeffrey McCracken reports on "Bloomberg ‹GO›."
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