Did Walmart buy Jet to steal market share from Amazon?
Jumpshot
AUGUST 9, 2016
Read on for the full breakdown of our online shopping analysis. In May 2016, Jet.com reported $85 million in monthly sales with an average shopping cart value of $93, bringing the company to an annual run rate of $1 billion. This online shopping analysis shows online sales do not account for most of Jet’s reported revenue.
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