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Walmart Beats Amazon at Its Own Game

·4 min read
Walmart Beats Amazon at Its Own Game
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Amazon started as a digital company, which has given it some advantages over rivals, like Walmart , that had to move from the brick-and-mortar world to the digital one. Walmart began its true digital metamorphosis when the company paid $3.3 billion for Jet.com, a company it shut down relatively quickly (about four years later). One could argue that Walmart never wanted Jet.com; rather, it actually wanted its chief executive, Marc Lore, his executive team, and Jet's infrastructure.