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Wednesday, February 11, 2015

Jet raises $140 million from Bain, Google Ventures and others, (NASDAQ: AMZN)

Jet, the startup founded by former Inc executive Marc Lore that hopes to change the way consumers shop online, has raised $140 million in its latest funding round, led by Bain Capital Ventures. The company said on Wednesday other investors that participated in the funding round included Google Ventures, Accel Partners, Coatue, General Catalyst, Goldman Sachs and Temasek., Inc. ( is an e-commerce company. Shares of AMZN traded higher by 0.58% or $2.145/share to $375.14. In the past year, the shares have traded as low as $284.00 and as high as $383.11. On average, 4435460 shares of AMZN exchange hands on a given day and today's volume is recorded at 2786040.