Wal-Mart buying Jet.com in bid to boost e-commerce, battle Amazon

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Wal-Mart buying Jet.com in bid to boost e-commerce, battle Amazon

Wal-Mart buying Jet.com in bid to boost e-commerce, battle Amazon
(Reuters) - Wal-Mart Stores Inc said on Monday it would buy online retailer Jet.com for about $3 billion, the largest-ever deal for an e-commerce startup, as it races to build up its underperforming Web business to compete with market leader Amazon.com Inc.[IMG]http://feeds.feedburner.com/~ff/reuters/tech**logyNews?d=yIl2AUoC8zA[/IMG] [IMG]http://feeds.feedburner.com/~ff/reuters/tech**logyNews?i=LlXpML9NtfA:33IKmu7hprQ:V_sGLiPBp WU[/IMG] [IMG]http://feeds.feedburner.com/~ff/reuters/tech**logyNews?i=LlXpML9NtfA:33IKmu7hprQ:-BTjWOF_DHI[/IMG]
[IMG]http://feeds.feedburner.com/~r/reuters/tech**logyNews/~4/LlXpML9NtfA[/IMG]

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