Wal-Mart in talks to buy online retailer Jet.com: report

(Reuters) - Wal-Mart Stores Inc is in talks to buy Jet.com, which launched a year ago and was considered a threat to larger rivals like Amazon.com Inc due to its innovative pricing software, the Wall Street Journal reported on Wednesday. Wal-Mart, seeking to grow its e-commerce business, acquired a majority stake in Chinese e-commerce firm Yihaodian in 2012. The Journal, citing people familiar with the matter, did not say how much Wal-Mart would pay for Jet.com.