Inside Wal-Mart's Decision to Buy Jet.com

The video discusses Walmart's strategic move to acquire Jet.com in an effort to compete with Amazon in the online retail space. Walmart's market cap has significantly decreased compared to Amazon, prompting this acquisition. Mark Lori, the founder of Jet.com, is seen as a key asset due to his expertise in targeting cost-conscious consumers. The acquisition aims to make Walmart more relevant and competitive in the online market, though it is unlikely to transform Walmart into a direct rival to Amazon.

What was Walmart's market cap compared to Amazon's a year and a half ago?

• Triple that of Amazon

• Equal to Amazon's

• Double that of Amazon

• Half of Amazon's

Who is Mark Lori and what is his significance in Walmart's acquisition of Jet.com?

• A financial analyst

• An Amazon competitor

• The founder of Jet.com and a key figure in online retail

• A former Walmart executive

What was one of Mark Lori's previous ventures before starting Jet.com?

• Books.com

• Diapers.com

• Electronics.com

• Walmart.com

What customer segment does Mark Lori target that aligns with Walmart's strategy?

• High-income individuals seeking immediate delivery

• Low-income individuals seeking luxury items

• Tech-savvy millennials

• Middle-income individuals willing to wait for savings

Is Walmart's acquisition of Jet.com considered an offensive or defensive strategy?

• Defensive, to stop losing sales to Amazon

• Offensive, to transform into a true rival to Amazon

• Both offensive and defensive

• Neither, it's a neutral strategy