When a smaller company gets acquired by a behemoth, the leadership needs to get ready for huge change.
When a smaller company gets acquired by a behemoth, the leadership needs to get ready for huge change.
Jet.com, the once-scrappy supposed killer of Amazon, is now just another part of the corporate machinery—albeit a corporate machinery that wants to compete with Amazon. Earlier this week, Walmart bought Jet.com for $3.3 billion, an attempt by the big box retailer to boost its flatlining e-commerce presence. Though Jet.com and Walmart.com will remain separate brands, Jet’s CEO, Marc Lore, will be overseeing both.