Bucknell University (BA) Columbia University (dropped out) Wharton School of the University of Pennsylvania (dropped out)
Occupation
Entrepreneur
Known for
Walmart eCommerce CEO, GARP, Diapers.com and Jet.com, Founder, Chairman, and CEO of the Wonder Group
Spouse
Carolyn Lore (divorced)
Children
2
Website
www.linkedin.com/in/marclore
Marc Eric Lore (pronounced LorEE, born May 16, 1971) is an American entrepreneur,[1] businessman, investor,[2] and NBA owner.[3] In December 2021, CNBC reported that Lore is now the Founder, Chairman, and CEO of the Wonder Group.[4] From 2016 to 2021, he was the President and CEO of Walmart U.S. eCommerce.[5] Lore was appointed in September 2016 to lead Walmart's e-commerce division when his company Jet.com—an e-commerce website launched in 2014—was acquired by Walmart, Inc. Walmart purchased Jet for $3.3 billion.[6]
Prior to Jet, Lore was the CEO and co-founder of Quidsi, the parent company of a family of websites, including Diapers.com. Quidsi was sold in 2011 to Amazon for $545 million.[7] Lore was named regional Entrepreneur of the Year by Ernst & Young in 2011,[8] one of the "smartest people in technology" by Fortune,[9] and dubbed the LeBron James of e-commerce by Matt Higgins.[10]
After stepping down from Walmart, Recode reported that Lore's next venture will be "a multi-decade project to build 'a city of the future' supported by 'a reformed version of capitalism'",[11] announced in September 2021 as Telosa.[12] In November 2023, Wonder Group—a company Marc founded in 2018—purchased Blue Apron for $103 million.[13]
^Okyle, Carly (July 21, 2015). "Jet.com's Founder Marc Lore: 3 Things You Need to Know About the Man Taking on Amazon". Entrepreneur.
^"With Money From Walmart's Marc Lore, Stealth Startup Archer Buys Its Way Into The Electric Air Taxi Race". Forbes.
^"Sale of Minnesota Timberwolves to Marc Lore, Alex Rodriguez receives approval from NBA". 21 July 2021.
^"Jet founder Marc Lore plots U.S. expansion of food delivery biz: A 'one-stop shop' for cooked meals". CNBC. 7 December 2021.
^"Exec Bio".
^Lunden, Ingrid (August 8, 2016). "Confirmed: Walmart buys Jet.com for $3B in cash to fight Amazon".
^"10 of the Largest Amazon Acquisitions to Date". 9 August 2017.
^Young, Ernst &. "Ernst & Young Entrepreneur Of The Year® 2011 New Jersey Award Winners Announced". www.prnewswire.com (Press release).
^"The Smartest People in Tech - 6 more to know". CNNMoney.
^"The Future of ECommerce with Marc Lore by The Manifestor Mindset". Spotify for Podcasters.
^"Walmart's e-commerce chief is leaving to build "a city of the future"". 15 January 2021.
^Holland, Oscar (6 September 2021). "Plans for $400-billion new city in the American desert unveiled". CNN. Retrieved 7 September 2021.
^Valinsky, Jordan (2023-09-29). "Blue Apron stock surges 130% on news it is being sold | CNN Business". CNN. Retrieved 2023-12-03.
Marc Eric Lore (pronounced LorEE, born May 16, 1971) is an American entrepreneur, businessman, investor, and NBA owner. In December 2021, CNBC reported...
a proposed utopian planned US city conceived by American billionaire MarcLore and announced in September 2021. The project has a target population of...
announced that owner Glen Taylor had reached a deal with MarcLore and Alex Rodriguez to sell the team. Lore and Rodriguez will become majority owners over the...
basis of Telosa, a proposed utopia to be built in the United States by MarcLore. Equitism and egalitarianism are terms that are not commonly used or widely...
e-commerce website Jet.com for US$3.3 billion. Jet.com co-founder and CEO MarcLore stayed on to run Jet.com in addition to Walmart's existing U.S. e-commerce...
from 2014 to 2017. In 2021, Taylor entered into an agreement allowing MarcLore, founder of the food-delivery company Wonder Group and Jet.com, an e-commerce...
Sachin Bansal left the company. The remaining management team reported to MarcLore, CEO of Walmart eCommerce US. Walmart president Doug McMillon cited plans...
originally started by Adcock and Goldstein and privately funded. Later, MarcLore, a Walmart executive, also supported its launch. Initially, Archer worked...
leadership efforts within the risk purview. GARP was founded in 1996 by MarcLore and Lev Borodovsky, two risk managers. They had been meeting once a week...
dream of a postmodern ecotopia. In September 2021, American billionaire MarcLore announced Telosa, a utopian planned US city. Revolutionary architecture...
graduate of Columbia Law School, is an entrepreneur. Vinnie Bharara and MarcLore co-founded Quidsi, the parent company of Diapers.com and Soap.com, which...
[citation needed] Curtis Lee Founder and CEO of Luxe [citation needed] MarcLore Founder and CEO of Jet.com, acquired by Walmart for $3.3 billion in August...
Lewis (born 2000), college basketball player for the Florida Gators. MarcLore (born 1971), entrepreneur, investor, and co-owner of the Minnesota Timberwolves...
Commission. March 16, 2023. Beltran, Luisa (November 13, 2023). "Investor MarcLore's Wonder Group closes its deal for meal kit service Blue Apron for $103...
Katie Mitchell and Celena Gill May 13, 2021 345 Diapers.com and Jet.com: MarcLore May 17, 2021 346 Meet The HIBT Fellows: Mark Atlan and Zach Correa May...
founder & CEO of LendingTree Jessica Livingston, cofounder of YCombinator MarcLore, president & CEO of Walmart Ecommerce; founder & CEO of Jet.com Takeo...
with Paul Polman of Unilever 12/7/2021 99 "Leap Before You Look" with MarcLore of Jet.com 1/11/2022 100 "Lessons That Matter Most: What We’ve Learned...
fraternity became known as the Knights of Classic Lore. The first public announcement of the Knights of Classic Lore appeared in the February 1, 1899, issue of...
Open tournaments, where he was defeated in both cases by eventual champions Marc-Andrea Huesler and Félix Auger-Aliassime. He then won his second career title...
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