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My guess is infrastructure



Half a billion worth of infrastructure?


Might be more like "we'd lose more than 500M while we build our own" so a 500M price tag makes sense to have it now.


Would they really? They already have a good amount of developers working on their apps and websites. Now this app will be consolidated as an extra feature on the Target app. I really seem to be missing something here. Jet acquisition made (atleast some) sense because it had much bigger employee count and showed it can run okay.

What I know for sure is that the investors are super happy with their returns.




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