2min chapter

Channels with Peter Kafka cover image

Is Instagram the place to unbreak news?

Channels with Peter Kafka

CHAPTER

Walmart's $3.3 Billion Aquihire

Walmart bought Jet.com in a $3.3 billion aquihire. Mark Laurier and his team were brought in to help accelerate Walmart's digital efforts. The company spent hundreds of millions on marketing, but it wasn't working. Lorry no longer works at Walmart; he left the company last year.

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