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

📆 27/9/2019 5:32 AM
📰 CNBC

⏱ Reading Time:
18 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Health care company sends woman over 500 letters in 5 daysWoman who received over 500 letters from health care company in 5 days says she was especially amused by line at the bottom of each one that read, 'Go Paperless!' Harassment lawsuit 🤔 Hard hitting stuff abc 😂
Source: ABC - 🏆 471. / 51 Read more »