Insight Report 8 minutes PremiumJet.com Update Coresight Research March 22, 2016 Executive Summary In this report, we discuss several significant developments at Jet.com since our last report on July 20, 2015. In October 2015, the company dropped its plans to charge membership fees due to management’s view that its pricing strategy will enable it to remain competitive on pricing while offering attractive profits to investors. Jet.com closed its Series B funding round, increasing its valuation to approximately $1.5 billion. This February, Jet.com acquired home goods e-commerce company Hayneedle, which should add another $350 million in revenues to its $500 million revenue run rate. In addition, we provide an update on Jet.com’s pricing mechanism, its JetAnywhere program, and its Jet Wholesale bulk purchasing plan. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: May 2023 US Retail Traffic and In-Store Metrics: Recovery of Store-Based Sales Progresses as Year-Over-Year Declines SoftenShoptalk Europe 2024 Startup Pitch Competition: Innovator ProfilesHoliday 2024—Shoppers Are Buying Decorations, Toys and Apparel: US Consumer Survey InsightsWeekly US and UK Store Openings and Closures Tracker 2023, Week 7: UK Openings Up 46%
