Jet, Now Raising, Ditches Its Membership Fees But Says Profitability Still On Track For 2020
October 07, 2015 at 11:44 AM EDT
Jet.com, the discount shopping site promising to take on Amazon by competing on lower prices, has made a fairly radical change to its business, the company announced this morning. Instead of charging members an annual fee of $50, similar to the fee associated with Amazon’s “Prime” membership program, Jet says it will now drop the fee entirely. While initially good news for… Read More