Insight ReportWalmart in Talks to Acquire or Invest in E-Commerce Upstart Jet.com Coresight Research August 3, 2016 Executive Summary This morning, The Wall Street Journal broke the story that Walmart (WMT) is in talks to acquire e-retailer Jet.com for up to $3 billion. It is possible that the transaction could ultimately be a strategic investment. Jet officially launched one year ago, and reportedly reached a $1 billion annual revenue run rate and exceeded internal targets in July. The company has reportedly been seeking to raise $640 million at a $1.7 billion valuation. Jet would be a good fit for Walmart, which is increasingly focusing on its online business. Revenue growth in Walmart’s online business decelerated to 7% in the first quarter of 2016 from 12% in 2015. 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: CEO Brief: Tech for Tariffs—Four Technologies (and Services) That Can Raise Revenues and Margins Now to Offset Tariff PainInnovator Profile: Sotira—Managing Reverse Logistics and Offloading Surplus Inventory with AIDecember 2025 US Retail Sales: Strong Conclusion to Holiday Season, with 4% GrowthThree Data Points We’re Watching This Week, Week 16: US Easter Expectations
