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Jet.com Landing At Wal-Mart?

8/03/2016 09:00:00 AM Eastern

Wal-Mart is reportedly in negotiations to buy Jet.com for an estimated $3 billion.The move would give the discount chain a much needed dot.com boost while providing Jet with the resources it needs to compete in the cut-throat e-commerce space.

"Wal-Mart is in talks to buy online discount retailer Jet.com, according to people familiar with the matter, in what would mark a disappointing end for one of the most ambitious challengers to Amazon."

Read More at The Wall Street Journal

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