Inside the conflict at Walmart that’s threatening its high-stakes race with Amazon

In September of 2016, Walmart made a giant, risky bet. The country’s most dominant brick-and-mortar retailer agreed to the largest-ever acquisition of an e-commerce company: a $3.3 billion purchase of a fast-growing but money-sucking online shopping site called Jet.com.

from Pocket https://www.vox.com/recode/2019/7/3/18716431/walmart-jet-marc-lore-modcloth-amazon-ecommerce-losses-online-sales
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