Jet.com Marketplace

Jet.com

Jet.com was publicly launched in July 2015. The website functions as a marketplace allowing third-party sellers to list and sell products.

Uniquely Jet.com marketplace is hidden from the customer, compared to the likes of Amazon where anyone can see who is selling a product and even pick a particular seller. Jet.com itself decides which seller is best and only hints to the seller the customer bought from after the purchase.

Mark Lore, co-founder and former CEO of Quidsi (which sold to Amazon for $540 million in 2010), along with Mike Hanrahan and Nate Faust announced plans for Jet.com in 2014.

Walmart acquired Jet.com in August 8th, 2016 for $3.3 billion. Doug McMillon, president and CEO, Wal-Mart Stores, Inc issued a statement saying:

“We’re looking for ways to lower prices, broaden our assortment and offer the simplest, easiest shopping experience because that’s what our customers want. We believe the acquisition of Jet accelerates our progress across these priorities. Walmart.com will grow faster, the seamless shopping experience we’re pursuing will happen quicker, and we’ll enable the Jet brand to be even more successful in a shorter period of time. Our customers will win. It’s another jolt of entrepreneurial spirit being injected into Walmart.”


samsung un55j620d 55" 1080p led smart tv with wi-fi beauty & truth erase/repair ha reviews ebay vineyard vines shep shirt third eye drip tips ebay venus fly trap price walmart nodding turtle poppy seeds review diet coke syrup 1 gallon you are my sunshine pillow etsy your lie in april wall scroll john deere gator seat covers camo catalytic converter nissan pathfinder 2005 j jill shelf bra tank porta view compact photo organizer homestyles ultra plush mattress protector power cord for hp laptop walmart pneumaticplus sau4030m-n04dg-mep dr scholls cf 440 amazon ebay wyndham bonnet creek resort l&l nation jewelry pittsburgh corning premiere 8 in. x 8 in. x 4 in. decora glass block sklz pro mini hoop walmart wildtek repel iphone 6 plus speed loader for m&p shield taiff energy hair dryer reviews branched chain amino acids walmart absolute xtracts vape stylus pen 4 time all american wrestling silver chain lanyard badge holder japanese anime sexy 3d soft silicone funny mouse pad many choice modovo creeper internal frame pack a to z discount golf masha and the bear amazon

watchsavings amazon review gardeners warehouse wpic premier outdoor land mr selecta zamo zuan my pur mist amazon dhs equipment parts m&c surplus 9bar roasting sari sari underground ebay drum throne kom tactical picture ledges amazon the tire geek value town kids herbawi keffiyeh indoor comfort supply detroit muscle technologies llc flexxpoint gutter covers direct kellogg's research labs flip belt amazon jeff's music gear angelina hosiery secret compass online medina sportscards quantum first automation ted's electronics new power 99 reviews supreme swan dark victory armory