Myntra Archive

Bits & Bytes | Walmart Buys Jet.com, African E-Commerce Startups

“Meet Walmart’s $3.3 Billion Employee” (Bloomberg)“The world’s biggest retailer announced on Monday it was buying upstart online retailer Jet.com for $3 billion in cash, plus $300 million in stock over five years — topping QVC’s $2.4 billion purchase of Zulilly.com last year as the largest-ever acquisition of an e-commerce company.” “The Web Startups Looking to Cash in on 1 Billion African Consumers” (The Guardian)“The continent’s …