Wal-Mart gulps down startups in Amazon chase

Wal-Mart may be the world’s largest brick-and-mortar retailer by quite a margin, but if the future is online, then it may be in trouble, hence its latest talks to acquire e-commerce startup Jet.com.

WAL-MART may be trying to hasten its pursuit of Amazon by riding a unicorn, with the US retail titan in talks to buy Jet.com, a fledgling online-shopping site, according to the Wall Street Journal.