08.08.16

Morning intel: Walmart buys Jet for $3.3 billion, Pokémon Go makes $200 million

By Pavithra Mohan1 minute Read

• Walmart‘s $3.3 billion acquisition of Jet.com—rumored to be happening last week—was officially announced this morning.

• Pokémon Go, which started rolling out on July 7, reportedly brought in $200 million in revenue within its first month.

• Airbnb is raising $850 million in funding at a $30 billion valuation, Bloomberg reported Friday.

• Coming up today: Donald Trump will be delivering a speech about his proposed economic plan.

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