That $3 billion Walmart-Jet.com deal that was reported in the works last week, the one that
made too much sense not to happen? It's happening. Official word is expected this morning. The deal will give Jet access to Walmart's deep pockets, vendor network and physical presence, while Walmart will add Jet's e-commerce expertise and technology in its battle to gain ground on Amazon.
[
Jason Del Rey | Recode]