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Jet, a buzzy startup that raised $225 million to take on Amazon, just...
Marc Lore buzzes with excitement as he talks about the kind of traffic his new website has already seen on opening day.Jet.com, which has raised $225 million to take on Amazon, officially launched...
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A founder who raised $225 million is scary transparent: My startup's business...
From the beginning, Jet CEO Marc Lore has preached a gospel of transparency.His startup promises to sell everyday products for prices that are 10-to-15% lower than competitors offer. It will accomplish...
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Jet, the well-funded startup trying to take on Amazon, just changed its...
The red-hot e-commerce startup Jet has shifted its business model, dropping the $50 membership fee it once proposed would be its sole source of profit.The move comes less than three months after Jet's...
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The buzzy startup trying to kill Amazon just raised another $350 million —...
Jet, the flashy e-commerce startup trying to take on Amazon, just raised $350 million in fresh funding at a $1 billion valuation, Re/code's Jason Del Rey reports.The company has now raised a whopping...
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A founder who's taking on Amazon explains why it makes total sense for his...
Jet.com launched only four and a half months ago, but the e-commerce upstart is already taking on Amazon. It's raised more than $500 million at a $1 billion pre-money valuation. And the company thinks...
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Why everyone at this startup knows each other's salary
Imagine if you knew your boss's salary. And how much the person sitting next to you was paid. And the salary of the person across from you. And that of everyone who works at your company.That's how it...
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Walmart and Jet.com are due to announce a $3 billion deal (WMT, AMZN)
It looks as if Walmart will be the new owner of the e-commerce site Jet.com.Walmart and Jet.com have agreed to a deal worth "around $3 billion" and will make it official Monday, Recode's Jason Del Rey...
View ArticleJET.COM FOUNDER: This is what makes Jet different from Amazon
Walmart is buying Jet.com in the largest e-commerce acquisition in history. We interviewed Jet.com CEO and cofounder Marc Lore in October 2015. During the interview, he explained what makes Jet.com...
View ArticleA peek inside the transparent culture of the company Walmart is buying for $3...
Walmart is buying Jet.com in the largest e-commerce acquisition in history.We interviewed Jet.com CEO and cofounder Marc Lore in October 2015. During the interview, he described the culture of...
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Walmart's CEO shares two things that convinced him to pay $3 billion for...
Walmart showed it's serious about growing its online presence when it bought Jet.com for $3.3 billion last week, the highest price tag for any US e-commerce startup ever.Given Jet.com's only two years...
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Amazon is shutting down a division it bought for $545 million, escalating a...
Bloomberg reports that Amazon is shutting down its subsidiary Quidsi, the parent company of Diapers.com, Wag.com, Soap.com, and three other shopping sites. Quidsi has 1,100 total employees.Amazon...
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A Walmart executive who sold his first startup for $6 million, 2nd for $550...
Marc Lore is the president and CEO of Walmart eCommerce in the US.He founded Quidsi and sold it to Amazon in 2011 for over $500 million. Then he founded Jet.com and sold that to Walmart in 2016 for $3...
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The CEO of a $3 billion startup shared his salary with everyone in the...
Marc Lore is the president and CEO of Walmart eCommerce in the US. He sold his startup, Jet.com, to Walmart for ~ $3 billion in 2016.At Jet, Lore made his salary — and everyone else's — public in order...
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A Walmart executive who sold his startup for $550 million had a really weird...
Marc Lore is the CEO and president of Walmart eCommerce in the US. He sold his startup Quidsi to Amazon in 2010, for $550 million.Afterward, he felt depressed and somewhat disempowered. Even the huge...
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Walmart explains why it isn't racing to close its biggest gap with Amazon on...
Walmart's next-day delivery service covers 220,000 items. By comparison, Amazon's next-day shipping for Prime members covers 10 million products.Walmart e-commerce CEO Marc Lore said Friday that...
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Walmart's $3.3 billion acquisition of Jet.com is still the foundation on...
Walmart bought hot e-commerce startup Jet.com in a $3.3 billion deal in 2016.Now, Walmart is folding all Jet employees in to the rest of its e-commerce operations, while retaining the Jet brand.While...
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Walmart.com CEO Marc Lore addresses 'frustration and tension' between him and...
Walmart e-commerce CEO Marc Lore on Monday addressed "frustration and tension" between himself and Greg Foran, the company's head of stores. "Greg's a great operator, and they're generating a lot of...
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Walmart exec Andy Dunn explains how he and his boss Marc Lore almost made an...
Andy Dunn, Walmart's senior vice president of digital consumer brands, says it's easy to "lose sight" of your core customer in retail.The Bonobos cofounder told the audience at the Business of Home's...
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Walmart's star e-commerce exec Marc Lore is leaving the retail giant to build...
Summary List PlacementThe man that revolutionized Walmart's e-commerce arm is leaving the company.Marc Lore, the president and CEO of Walmart eCommerce US, told Recode he will leave Walmart at the end...
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See the deck a Gary Vaynerchuk-backed startup used to raise $10 million to...
Summary List PlacementData analytics software company Tracer in June announced a $9.9 million seed funding round led by big names like former Walmart and Amazon exec Marc Lore and NBA star Kevin...
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