Jet.com Rival to Amazon Raises $500USM

That little eCommerce rival to Amazon isn't so little any more.  With a funding round powered by Fidelity Investments, no small player, the company is now valued at $1.5B.  That is a "B".

Read on:

http://www.paymenteye.com/2015/11/05/jet-com-secures-500m-investment-and-becomes-worth-1-5-billion/

Here is a snippet from the piece:

As we approach 2015’s expiry date, the company is already worth $1b and has just finished another investment round where it raised $500m led by Fidelity Investments, according to a source close to the matter. The new round will mean Jet.com will be valued at $1.5 billion.

Happy Reading,

J.W. Gant