Will Jet.com be a game changer for e-commerce?

Washington

JET.COM has yet to launch its online retail site to the public, but has already drawn attention as a would-be game-changer that could take on Internet giant Amazon.

Jet has raised US$220 million so far for an e-commerce service with some 1,600 retail partners, and plans to sell some 10 million products when it launches in the coming weeks. The startup will charge US$49 a year for membership to allow consumers to get "the lowest price on anything they buy online", according to a Jet spokesman.