Confirmed: Walmart buys Jet.com for $3B in cash

Post by TimJRobinson » Tue, Aug 09, 2016, 3:59 AM UTC

gggggg11111 wrote: post #226

rpgmaker wrote: post #205

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I hope it works out for them. Amazon's age it's showing, their site it's clunky and unresponsive at times. Sellers misrepresent their wares all the time. They're outright banning some products which, for a store, it's a very opinionated move if you ask me. And don't give me the "the Apple Store doesn't carry the Fire" crap, Amazon bills itself as the "everything store". It works sure and customer service it's still m…

Amazon closes customer accounts left right and center too, good luck getting thru to anyone human then despite being a decade long customer with thousands of digital purchases going poof.

Post by kobayashi » Tue, Aug 09, 2016, 5:09 AM UTC

tootie wrote: post #218

camelNotation wrote: post #154

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Walmart has something Jet.com needs: one of the world's most advanced product delivery systems. Every Wal-Mart store is a distribution center waiting to happen. They are enormous and they are everywhere. Jet.com has something Wal-Mart can use to rocket its online presence forward: advanced online infrastructure, patents, a wealth of technology experts, and users. Together, Wal-Mart can beat Amazon at its own game by…

I kinda doubt jet.com is more sophisticated than walmart.com. They just wanted a more youthful brand.

Post by ak4g » Tue, Aug 09, 2016, 9:11 AM UTC

AceyMan wrote: post #251

ak4g wrote: post #228

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Can you give me any pointers on where I can find out more about this? (Also curious about the banned product lines if anyone can summarize/link to what's going on there.)

Sample product: you can no longer get neodymium magnets from Amazon Shopping. (They were in my Wish List, and then, poof , "This product is no longer available." More searching within the site returned nothing.)

Post by ianamartin » Tue, Aug 09, 2016, 1:54 PM UTC

exclusiv wrote: post #221

djrogers wrote: post #213

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>In your anecdote, 30% have brand recall which isn't as bad as you make it seem. I think you misread the parent - he said that out of 16 employees, 11 were millennials and none of those had 'brand recall' as you insist on calling it.

Oops you are right - I misread the anecdote. My mistake. Apart from that, I'd bet that most or all of the 11 millenials would say Walmart is probably one of the least exciting, least cool brands they're know.

Post by gsg21 » Tue, Aug 09, 2016, 3:08 PM UTC

rogerdpack wrote: post #243

__derek__ wrote: post #141

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Walmart.com has much higher sales than Jet. It already is huge online, even if it's not Amazon huge. If anything, this is about pruning competition and buying potentially useful IP.

Honest question: do any readers here really order from walmart.com ? I am surprised they sell much at all, based on how much I personally have ordered from them (never).