Wal-Mart preys on Amazon competitor
The US supermarket chain Wal-Mart for the acquisition of e-commerce company Jet.
The Internet activities of the supermarket chain can be a boost now use the growth in recent quarters has slowed. Last year, online sales accounted for 3 percent of sales from Wal-Mart. CEO Doug McMillon Wal-Mart said recently that e-commerce has just top priority.
Jet. com peddle also comes in turn been longer at retail for an investment in order to compete with Amazon. The e-commerce company hopes to raise through a financing round of $ 640 million, Jet. com would be valued at approximately $ 1.7 billion.
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