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Walmart Shuts Down Jet.com – Was it Worth $3.3 Billion? (Updated)

ByRichard Meldner May 20, 2020May 20, 2020 Reading Time: 3 minutes

As part of its first-quarter earnings report for 2021, Walmart announced it is shutting down Jet.com, the online marketplace it purchased in 2016 for $3.3…