What Does Jet Do?

Total employees1594
HeadquartersHoboken
FoundedN/A

Jet.com was an American e-commerce company founded in 2014 by Marc Lore, Mike Hanrahan, and Nate Faust, headquartered in Hoboken, New Jersey. It aimed to challenge Amazon with a unique pricing model that offered savings to customers who bought multiple items together and waived returns. Jet.com gained significant attention and funding, positioning itself as a major player in online retail. In August 2016, Walmart acquired Jet.com for approximately $3.3 billion in cash and stock, making it one of the largest e-commerce acquisitions at the time. The acquisition was a strategic move by Walmart to bolster its online presence, technology, and talent, particularly under Marc Lore's leadership of Walmart's U.S. e-commerce operations. However, the Jet.com brand was eventually phased out, and Walmart officially discontinued the Jet.com website in May 2020, integrating its learnings and talent into the broader Walmart.com ecosystem.

Where Is Jet's Headquarters?

HQ Function

Served as the central hub for all corporate operations, including technology development, marketing, merchandising, customer service leadership, and strategic planning for the e-commerce platform.

Notable Features:

The Hoboken office was known for its modern, open-plan design, reflective of a tech startup culture. It occupied several floors in a waterfront building, offering views of the Manhattan skyline. Amenities often included collaborative spaces, cafes, and areas designed to foster innovation.

Work Culture:

Jet.com cultivated a fast-paced, ambitious, and innovative startup culture. Employees often described it as energetic and collaborative, with a strong emphasis on data-driven decision-making and disrupting the e-commerce landscape. Transparency and employee empowerment were also highlighted aspects.

HQ Significance:

The Hoboken HQ was the birthplace of Jet.com's disruptive e-commerce model and the nerve center for its rapid growth and eventual multi-billion dollar acquisition by Walmart. It symbolized a significant attempt to compete with established online retail giants.

Values Reflected in HQ: The headquarters' design and atmosphere aimed to reflect Jet.com's core values of innovation, transparency, ambition, and customer-centricity, fostering a dynamic environment for its employees.

Location:

Jet.com's primary market and customer base were within the United States. While it sourced products globally and had international engineering offices (e.g., Dublin) to tap into global talent, its e-commerce sales and fulfillment operations were concentrated in the U.S. There were no significant direct-to-consumer international retail operations under the Jet.com brand.

Street Address:

221 River St

City:

Hoboken

State/Province:

New Jersey

Country:

USA

Where Else Does Jet Operate Around the World?

Salt Lake City, Utah, USA

Address: Undisclosed specific address, but known to have a significant presence.

To attract specialized tech talent outside the NY/NJ metro area and support the technological backbone of the e-commerce platform.

Dublin, Ireland

Address: Undisclosed specific address.

To access European tech talent, support global platform development, and potentially explore international market considerations, though its primary market remained the US.

Kansas City, Missouri, USA

Address: Associated with fulfillment centers; specific office address less prominent.

To manage and operate parts of its logistics and supply chain network, critical for efficient order fulfillment across the Midwest.

Buying Intent Signals for Jet

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Jet? Meet the Executive Team

As of April 2025, Jet' leadership includes:

Marc Lore - Founder and CEO
Mike Hanrahan - Co-Founder and Chief Technology Officer
Nate Faust - Co-Founder and Chief Operating Officer
Liza Landsman - President (formerly Chief Customer Officer)
Scott Hilton - Chief Revenue Officer
Sumaiya Balbale - Vice President of Marketing

Who's Investing in Jet?

Jet has been backed by several prominent investors over the years, including:

New Enterprise Associates (NEA)
Accel Partners
Google Ventures (GV)
Bain Capital Ventures
Alibaba Group
Fidelity Management & Research Company
Thrive Capital
Coatue Management
Goldman Sachs

What Leadership Changes Has Jet Seen Recently?

Hire0
Exits0

As Jet.com ceased operations in May 2020, there have been no executive hires or exits for Jet.com itself. Significant news primarily relates to Marc Lore's role at Walmart post-acquisition and his eventual departure from Walmart.

Departures

Marc Lore, Marc Lore retired from his role at Walmart, which he assumed after the acquisition of Jet.com.

New Appointments:

N/A, No new appointments as Jet.com is defunct.

What Technology (Tech Stack) Is Used byJet?

Discover the tools Jet uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Jet Email Formats and Examples

During its operational period, Jet.com likely used common corporate email formats. These formats are no longer active as the company has ceased operations.

[first].[last]@jet.com or [first_initial][last]@jet.com (e.g., f.last@jet.com)

Format

marc.lore@jet.com (historical example, not active)

Example

0%

Success rate

What's the Latest News About Jet?

CNBCMay 19, 2020

Walmart discontinues Jet.com, the buzzy e-commerce startup it bought for $3.3 billion

Walmart announced it is discontinuing Jet.com, the e-commerce site it acquired for $3.3 billion in 2016. The company stated the decision was due to the 'continued strength of the Walmart.com brand' and that the resources from Jet would be refocused on Walmart's own online operations....more

Walmart CorporateAugust 8, 2016

Walmart Agrees to Acquire Jet.com, One of the Fastest Growing e-Commerce Companies in the U.S.

Walmart announced it entered into a definitive agreement to acquire Jet.com for approximately $3 billion in cash and $300 million of Walmart shares. The acquisition aimed to accelerate Walmart’s e-commerce growth, with Jet.com founder Marc Lore joining Walmart to lead U.S. e-commerce....more

The Wall Street JournalJanuary 15, 2021

Walmart E-Commerce Chief Marc Lore to Step Down

Marc Lore, who joined Walmart after it bought his startup Jet.com for over $3 billion and subsequently ran the retailer’s U.S. online operations, announced he would be leaving the company at the end of January 2021....more

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