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Jet.com News

Jet.com is a US based marketplace offering consumers everyday low prices which drop even lower as you shop.
By Chris Dawson August 9, 2016 - 1:19 pm

Walmart to buy Jet.com marketplace for $3.3bn

Walmart has agreed to buy Jet.com for around $3.3bn. It's an interesting purchase, Jet's proposition is to sell stuff cheaper than Amazon and they've yet to make a profit. That's not altogether surprising when they're trying to be cheaper than Amazon, a company who have never

Walmart wants to acquire Jet.com

Walmart, the biggest bricks and mortar retailer in the world, is in talks to buy Jet.com according to the Wall Street Journal. Acquiring Jet would extend Walmart's capabilities and give them a much easier run at cutting a chunk out of Amazon's business. Jet was set

How’s Jet.com doing after first year?

It's been one year since US-only marketplace Jet.com arrived on the scene. It was based on a different premise: to start with it included a $49 annual subscription and the prices would be at their most competitive when a shopper bought in bulk, bundled up

Jet.com launches new Partner Insights Program

Jet.com is big news over the pond in the USA, as we've written about before. We're really interested as to whether and when they will be launching in the UK and Europe. And in the US they've launched Jet Partner Insights which is all about helping

Jet.com has 3.6 million customers

XSellco Price Manager has highlighted the dramatic growth that they're seeing from Jet.com, the new ecommerce kid on the block with a recent blog post. As we reported last week, Jet.com is expected to exceed $1bn in sales in May. This is in no small part

Jet.com expects $1bn of sales by May

Jet.com, a US ecommerce marketplace that offers deep discounts but not speedy delivery and encourages bundling of orders, is on course for a $1.bn milestone. They only launched last July and, at ChannelAdvisor Catalyst in Las Vegas last week, Scott Hilton of Jet revealed they already

Jet.com drops membership fee

In the weeks since Jet.com launched in the States, it's caused a lot of buzz and it's also proved to be rather successful. And one of the most interesting aspects was that they charged a membership fee to keep other costs down, talking of themselves as

Could Jet.com be the new ecommerce sensation?

Jet.com has been the source of much discussion in the industry of late. It's an innovative and different idea. But can it really be an Amazon challenger? It's an interesting proposition. Jet will make its money from subscriptions and will price low and cut postage costs

Jet.com takes off for ChannelAdvisor sellers

ChannelAdvisor has reported that jet.com is already the number 4 marketplace for its merchants in terms of GMV in only 4 weeks of trading. David Spitz, ChanneleAdvisor CEO said in a blog post: “Jet has gained altitude so rapidly that it’s currently our number 4 marketplace

Jet.com seeks $2bn valuation

The brand new marketplace Jet.com may have only launched in the United States a few weeks ago but it is already looking out for further investment that values the firm at $2bn. The founder of Jet Marc Lore explains the concept in this video: https://youtu.be/4W1xvWZOppY Sadly Jet

Top 3 Factors Disrupting Online Retail in 2015

Wiser is a dynamic pricing and merchandising engine that monitors, analyzes, and reprices retail products in real-time. Wiser enables retailers to boost profit margins and revenue, price with confidence, and improve merchandising through a sound pricing strategy. Today Brian Smyth from Wiser discusses three

Jet prices not quite as cheap as they appear

Jet launched yesterday with their CEO promising "the lowest prices on everything" and they're so keen to compete with Amazon that they display Amazon's price on each and every product that they list. Jet CEO Marc Lore also pointed out that if you're an Amazon Prime

Jet.com launch today to give lowest prices in the US

Jet.com launches today in the US as a membership based marketplace with one simply promise - to be the cheapest place to buy on the net. They're unashamedly telling their new customers not to expect premium services, the emphasis is on saving money. For instance Jet

Amazon partner with Jet for locker sites

Amazon shoppers will be able to pick their parcels up at their local petrol station from this week. Amazon have partnered with Jet to locate Amazon lockers at petrol stations across the country. Jet petrol stations are generally run by independant dealers and the tie up

ChannelAdvisor and Jet.com webinar: 10/03/15

Jet.com could be one of the more interesting ecommerce prospects that will emerge in the next few years. And testament to that is ChannelAdvisor's investment and partnership with it so far. It's a subscription marketplace for buyers that's not obsessed with speedy postage and looks to

ChannelAdvisor integrates with Jet.com

New US marketplace Jet.com has announced it is now iterated with ChannelAdvisor. We wrote about Jet a few weeks back here. Jet, which hasn't yet launched, will offer low prices by incentivising bulk buying and economy shipping as well as using a subscription model for buyers.

Jet.com launches discount buying site

Serial entrepreneur Marc Lore, who successfully sold his company Quidsi to Amazon in 2010 is now set to take on his old bosses with a new NYC based start-up firm called jet.com. Lore sold his previous business Quidsi to Amazon in 2010 for $550m and worked