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Walmart is receiving outside interest for its JetBlack text-to-order business, Bloomberg says

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Walmart has received inquiries from firms interested in JetBlack, which could entail the company spinning off its text-to-order business, partnering up with outside parties or selling JetBlack entirely, Bloomberg reports.

Walmart is in talks with outside parties about JetBlack, according to a Bloomberg report.

, initially in beta testing. The platform, which is still only live in New York, has been spearheaded by Rent the Runway co-founder Jenny Fleiss. Fleiss joined Walmart in 2017 to work alongside Jet.com founder Mark Lore. Walmart didn't initiate any of these talks with outside parties, Bloomberg said, calling the discussions preliminary.

 

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