Google for jet.com and "order canceled" and you'll get the idea.
It's a strange business model.
Not sure what they are doing with half a billion dollars since they don't stock any inventory themselves like Amazon.
I mean I welcome any competition that brings my cost down as a consumer, but jet so far has been pretty much half-*ssed.
If they were straight up about it with good communication, that's fine then. But they cannot pretend to be as good as amazon when they are not even a shadow of amazon.
Even "lightning deals" are carefully measured with exact quantities remaining.
With jet, I've already experienced cancels twice and now pretty much don't plan to use them for anything I actually need. They do not have their own stock, they do not have a realtime inventory system with any of their vendors, and apparently either vendors lie to them about available stock or they allow people to order more than what is on hand.
We are basically beta testing jet for them. And I don't quite get what their business model is, we already have ebay which allows vendors to list products as a third party.