Looks like LTT is losing one source for fake video cards - Jet.com Closing Shop

[Pool Float]

https://www.cnet.com/news/walmart-will-discontinue-jet-com-nearly-four-years-after-3b-purchase/

 

Looks like Linus and the team will soon have one less place to real cheap video cards with faked specs. At least there's still Aliexpress and others to fill the gap.

 

Quote

Walmart on Tuesday said it's shutting down Jet.com, after the e-commerce site has seen weakening online traffic for years.

The announcement was part of the world's biggest retailer's latest quarterly earnings report, in which it said its online sales surged 74% during the coronavirus pandemic. Walmart said it was discontinuing Jet "due to continued strength of the Walmart.com brand" and said Jet had helped it build up its e-commerce business.

 

Walmart's decision to shut down Jet may point to how hard it can be to succeed as a general-merchandise online retailer against the top three online retailers -- Amazon, Walmart and eBay -- especially if your parent company is focusing on building up its main site instead.

 

Jet's online traffic has plummeted since the acquisition as Walmart has focused more on expanding Walmart.com, Marketplace Pulse reported. Jet traffic in December 2016 was 33 million visits, but that number dropped to 1.4 million by December 2019.

 

Jet attempted to rebrand itself in late 2018 as a site for urban dwellers, with a refreshed site and improved grocery service, but it remained difficult to stand out against its much bigger rivals.

 

For me, I'm just heartbroken over all the overpriced games and not-at-all knockoff video game consoles I'll have to go elsewhere to not buy. Driving past the soon to be shuttered warehouse visible from the NJ Turnpike should be interesting. I wonder how long until Amazon leases the space.

[nick name]

Wow.  I just went to jet.com for the first time and it's like they don't even want to sell anything.  Those prices are ridiculous.  

[Pool Float]

1 minute ago, nick name said:

Wow.  I just went to jet.com for the first time and it's like they don't even want to sell anything.  Those prices are ridiculous.  

Yeah, it's a weird site for sure.

[Shreyas1]

13 minutes ago, nick name said:

Wow.  I just went to jet.com for the first time and it's like they don't even want to sell anything.  Those prices are ridiculous.  

I just saw a $103 gt 730, a $360 rx580, and a $200 i5 7400 on that site. Its like they're not even trying

[Techstorm970]

So jet.com was planned as a sacrificial lamb meant to appease the online shopping gods into blessing Walmart.com?