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Moonshot Monday

Amazon acquired Jet.com newscaster.io

Jet.com was shooting for the moon; instead, it’s going to Walmart. Not that that’s a bad exit for $3 billion in cash and $300 million in Walmart stock. The brick-and-mortar retail giant is continuing its game of catchup with that even bigger retail force of nature, Amazon; will Jet keep Walmart in the running?

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