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Walmart eCommerce President and CEO Marc Lore talks with Recode's Jason Del Rey about how Walmart's digital strategy has changed since it purchased Lore's company, Jet.com, for $3 billion last year. He announces that Walmart shoppers will see their in-store purchases reflected in their online account and mobile app shopping list. Under Walmart CEO Doug McMillon, Lore says, Jet is moving faster than ever. It’s resonating with higher-income millennials and attracting higher-end brands to cater to those customers.
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Walmart eCommerce President and CEO Marc Lore talks with Recode's Jason Del Rey about how Walmart's digital strategy has changed since it purchased Lore's company, Jet.com, for $3 billion last year. He announces that Walmart shoppers will see their in-store purchases reflected in their online account and mobile app shopping list. Under Walmart CEO Doug McMillon, Lore says, Jet is moving faster than ever. It’s resonating with higher-income millennials and attracting higher-end brands to cater to those customers.
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