Tag "jet.com"

Walmart to launch ‘Store No 8’, its startup incubator in Silicon Valley

By : CIOL Writers

After acquiring Jet.com, Walmart is aiming to expand its e-commerce market. Walmart is building its own tech incubator in Silicon Valley, dubbed Store No 8 to invest in the next generation of retail technology startups. The startup incubator will be home

Flipkart could offer discounts on single-box delivery to reduce logistics cost

By : CIOL Writers

Logistics is the bread and butter of e-commerce companies, which also costs them the highest, eventually influencing the revenue. To tackle this problem, Walmart-owned Jet.com proposed a discount offer to encourage customers to order multiple products that can be shipped

After acquiring Jet.com, Walmart gains highest sales in 4 years

By : CIOL Writers

We all know that Marc Lore was the focal point of Walmart’s deal to acquire two-year-old e-commerce upstart Jet.com. But, who knew, that within 10 days of the announcement, he could spin off good omen for world’s largest retailer. After