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WalMart Acquires Art.com

Posted on the 06 December 2018 by Worldwide @thedomains

WalMart picks up another business running on a premium one word, three letter domain name. CNBC reported that WalMart will acquire the website Art.com. In 2016 they acquired Jet.com for nearly $3Billion.

From the article:

Art.com is one of the largest online sellers of art and wall decor globally, Walmart said. A person familiar with the deal said the size of this acquisition is similar to Walmart’s other recent deals and that Art.com recently was bringing in more than $300 million in sales annually.


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