Amazon rival Jet.com is opening a new 15,000 square meter (160,000 sq ft) warehouse in Nevada.
Reno Gazette-Journal reports that Jet.com plans on bringing more than 500 jobs to the Reno-Sparks area.
The e-commerce startup, that plans to take on Amazon through a model similar to retail giant Costco, will bring two-day shipping to most western US states with the new warehouse.
- We chose the Reno area due to its strong workforce, fulfillment infrastructure and ability to provide two-day shipping to most western states in the US. We’re very excited about the new fulfillment center and our presence in the Reno area, said Nate Faust, Jet.com COO.
Behind Jet.com we find former Amazon veteran Marc Lore who sold Diapers.com to Amazon for over $500 million in 2011. In 2014 he founded Jet.com to take on the e-commerce giant.
- This is a really big deal for us to grow and we expect to grow pretty aggressively in the coming years, Marc Lore said about the new Nevada facility.
Jet.com went trough its second investment stage of $350 million late last year and is valued at over $1 billion.
- It is exciting to see an up and coming e-commerce company choose our region for their growth in the West. Jet.com has an exceptional business model that has had amazing success with consumers in just a short period of time, said Mike Kazmierski, CEO of the Economic Development Authority of Western Nevada.