Jet.com

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Jet.com's Sale to Walmart Makes Random Guy a Millionaire

Eric Martin's $18K investment to pay off big-time

(Newser) - Sum up this story with whichever word you like: Luck. Foresight. Jealousy. In early 2015, Eric Martin spent $18,000 in a bid to win a contest being offered by the new startup Jet.com: Sign up the highest number of people for a preview version of the site, get...

Walmart Drops $3.3B on an Amazon Killer
 Walmart Drops $3.3B 
 on an Amazon Killer 
the rundown

Walmart Drops $3.3B on an Amazon Killer

Acquisition of Jet.com announced Monday

(Newser) - It's a year-old startup that wasn't yet profitable. Now Jet.com enters the books as the largest-ever e-commerce startup acquisition. Walmart announced Monday that it would purchase the site for $3.3 billion, with all but $300 million of that in cash; the rest takes the form of...

2 Stories