marc lore

Wonder Group Raises $700M in Funding, Plans 90 Locations by 2026

Former Walmart exec and Jet.com founder Marc Lore and his newest company Wonder Group have raised $700 million from various investors to…

Marc Lore Brings Wonder Food Hall to Pennsylvania Walmart

Wonder, the food hall concept from entrepreneur and Jet.com founder Marc Lore, has opened a new location in a Quakertown, Penn., Walmart….

Walmart Ecommerce Chief to Step Down, Work With Startups

Marc Lore, President and CEO of U.S. Ecommerce at Walmart, will retire at the end of January 2021. He will maintain a…

Walmart Absorbs Jet.com Operations Within Walmart.com

Nearly three years after acquiring Jet.com for $3.3 billion and integrating its “smart cart” technology and supply chain teams, Walmart will officially…

Jet.com Ditches $50 Annual Membership Fee

Jet.com, the marketplace that launched in July 2015 and positioned itself as a major competitor to Amazon, has dropped its $50 annual…

Can Jet Beat Amazon?

Following a successful beta launch and several financing rounds that led to a $600 million valuation, Jet has officially launched to the…

Jet.com Sets Sights On Amazon As Debut Nears

Although it has not sold a single product yet, online marketplace Jet.com is aiming to become top competition for Amazon, which has…

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