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08/08/2016 Wal-Mart buys e-retailer Jet.com for $3.3bn

2:51

Is Walmart's Deal to Jet.com for $3B a 'Desperate Move'?

3:49

Wal-Mart CEO Weighs In On Jet.com Deal And Upcoming Quarter | Squawk Box | CNBC

2:59

Wal-Mart To Acquire Jet.com For $3.3B | Tech Bet | CNBC

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Walmart buys Jet.com | Crunch Report

It was announced that Walmart would acquire Jet.com for $3.3 billion - $3 billion in cash and up to $300 million in stock paid out over time to the founders and other selected individuals at the company. As of 2016 it ceased being an independent company, and is now a subsidiary of Walmart.
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