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1 Year Later, Wal-Mart's Jet.com Acquisition Is an Undeniable Success
The questionable acquisition of Jet.com by Walmart last year has seemed to pay off, this article explains the purchase and their success since.
Key findings
If they hadn't spent $3.3 Billion on Jet.com, it likely would have gone to a less profitable expense like share buybacks.
Walmart is much stronger with Jet founder Marc Lore.
Walmart's position is much stronger now after its recent acquisitions.
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