Walmart winds down Jet.com four years after $3.3 billion acquisition of e-commerce company

The big-box retailer bought the startup in 2016 to accelerate its expansion into e-commerce and help it fend off Amazon.
Read more: https://www.cnbc.com/2020/05/19/walmart-winds-down-jetcom-four-years-after-3point3-billion-acquisition.html?source=Snapzu