Walmart CEO on buying Jet.com: We would 'do that all over again'
May 20, 2020 · Walmart Chief Executive Doug McMillon said, given the chance, he would do the $3.3 billion Jet.com deal again.
Walmart Completes Acquisition of Jet.com, Inc.
Sep 19, 2016 · The news was initially shared on Instagram by Walmart President and CEO Doug McMillon. As previously disclosed, Walmart acquired Jet.com for approximately $3 billion in cash, a portion of which will be paid over time, and $300 million of …
Doug McMillon, Walmart CEO, on Why He Paid $3 Billion for Jet…
Aug 18, 2016 · Walmart CEO Doug McMillon shares two things that convinced him to buy Jet.com, the company he bought for $3 billion last week.
Read next - Business Insider
May 20, 2020 · Walmart CEO Doug McMillon said he would make the $3.3 billion Jet.com acquisition "all over again." Jet helped Walmart acquire top talent and e-commerce fulfillment centers, he said. The...
Walmart Agrees to Acquire Jet.com, One of the ... - Walmart Corporate
Aug 8, 2016 · “We’re looking for ways to lower prices, broaden our assortment and offer the simplest, easiest shopping experience because that’s what our customers want,” said Doug McMillon, president and CEO, Wal-Mart Stores, Inc. “We believe the acquisition of Jet accelerates our progress across these priorities.
“We Need People to Lean into the Future” - Harvard Business Review
In 2014 the board appointed Doug McMillon as CEO and gave him an imperative: Bring Walmart into the future—without sacrificing its longtime strengths. McMillon, who began his career unloading...
Walmart winds down Jet.com four years after $3.3 billion acquisition
May 19, 2020 · Walmart acquired Jet.com for $3.3 billion in 2016 to help it fend off Amazon's rapid rise. The company said Tuesday that it will discontinue the website. Walmart CEO Doug …
Top 6 Walmart execs earned a combined $112.4 million in 2019
Apr 24, 2020 · Walmart CEO Doug McMillon had total compensation of $22.105 million, plus $135,000 of salary deferred. His base salary of $1.176 million has been constant for the past three years. His stock...
Wal-Mart completes $3 billion-plus purchase of Jet.com
Sep 19, 2016 · NEW YORK (AP) — Wal-Mart said Monday it has completed its deal to buy fast-growing Jet.com for $3 billion in cash plus $300 million in stock, an acquisition aimed at helping the world’s largest retailer attract younger and more affluent customers to drive online sales.
Walmart CEO Doug McMillon: Jet.com acquisition was worthwhile
May 20, 2020 · Walmart CEO Doug McMillon tells CNBC's "Squawk Box" that the company does not regret its acquisition of Jet.com despite Walmart's decision to shut down the site.