What Walmart's Acquisition of Jet.com Means For Retail & eCommerce
Friday, October 14, 2016Lauren Macdonald
What Walmart's Acquisition of Jet Means For Retail and eCommerce
Earlier this year Walmart launched Walmart Marketplace, an online eCommerce marketplace of their own. You can learn more about it in our blog post, here
In August, Walmart kept their eCommerce momentum moving when they entered into a definitive agreement to acquire Jet.com. But what does this mean for eBridge customers? Well, it means that now we can integrate your accounting package with your eCommerce store on both Walmart Marketplace and Jet.com so that you can keep track of inventory, orders, and more!
More about Jet.com
Jet is among the fastest growing and most innovative eCommerce companies in the U.S. Among other things, it has:
- Demonstrated ability to scale with speed
- A growing customer base of urban and millennial customers
- More than 400,000 new shoppers added monthly
- An average of 25,000 daily processed orders
- A select group of more than 2,400 retailer and brand partners tailored to create an attractive and distinctive assortment for consumers
More about Walmart’s acquisition of Jet.com
Walmart and Jet will maintain distinct brands, with Walmart.com focusing on delivering the company’s Everyday Low Price strategy, while Jet will continue to provide a unique and differentiated costumer experience with curated assortment.
Walmart and Jet will leverage innovative technology solutions from both companies to develop new offerings and help save customers time and money.
eBridge Connections can integrate with Walmart Marketplace and Jet.com
Looking to automate your orders, inventory levels, shipping updates, tracking numbers, etc. between your Walmart Marketplace or Jet.com store and your accounting package? eBridge Connections can help.
Reach out anytime.
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