Will Walmart's $2.3 Billion Advertising Bet Work Out Better Than Jet.com?

Walmart (NYSE: WMT) is one of the largest retailers in the world. It has achieved massive success with its large format box stores, Sam's Club stores, and its smaller grocery store locations. But that doesn't mean that everything it touches turns to gold. The company's recent $2.3 billion investment in Vizio is one endeavor that investors will want to monitor closely.One of the most notable acquisitions that retailer Walmart has made in recent years was Jet.com. This roughly $3.3 billion deal goes back to 2016 when Walmart was looking to compete online with Amazon.com (NASDAQ: AMZN). While the Jet.com deal was less than a decade ago, it seems like a totally different time.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool