NEW YORK (AP) — Walmart has agreed to buy fast-growing online retail newcomer Jet.com, which had launched with a splash a year ago when it announced its intention to challenge online leader Amazon.

Four years after purchasing Jet.com for more than $3 billion, Walmart Inc. has made the decision to shutter the e-commerce business. The big-box chain quietly announced in its first-quarter report ...

Walmart bought Jet.com in a desperate bid to fight Amazon, but its own website has become the clear winner. In a move that will surprise nobody, Walmart announced today that it's shutting down Jet.com ...

Three years after it was founded and two years after Walmart bought it for $3.3 billion, Jet.com is getting a major facelift. It plans to focus squarely on markets that Walmart hasn't been able to ...

Nearly four years after it acquired the company for $3 billion, Walmart is shutting down Jet.com. The retailer quietly announced the move, which was spotted by TechCrunch, in its first-quarter 2020 ...

Amid rapid progress in its omnichannel transformation, Walmart plans to fold Jet.com into its core e-commerce operations and reposition the business. Jet co-founder Marc Lore, president and CEO of ...

Jet.com was supposed to give Amazon a run for its money. It's still going to do that, but with Walmart's backing. Walmart has acquired ecommerce startup Jet.com for $3 billion in a combination that ...

Walmart Stores Inc., and Jet.com announced they have entered into a definitive agreement for Walmart to acquire Jet for $3.3 billion, including $300 million in Walmart shares to be paid over time. The ...