Wal-Mart Stores Inc. has acquired online marketplace Jet.com in a cash and stock deal valued at over $3 billion, Wal-Mart announced today. Reports surfaced last week about Wal-Mart’s interest in Jet, with a Wal-Mart spokeswoman declining to comment at the time and Jet not returning multiple requests for comment. Wal-Mart, the world’s largest retailer by revenue but far […]
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