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Flipkart Discontinues Jabong Operations To Focus On Myntra
Flipkart has discontinued operations of Jabong entity to primarily put its focus on premium online marketplace Myntra. In 2016, Walmart owned Flipkart acquired Jabong in an all cash deal of $70 million. Nevertheless, since then the company is unable to decide ...
Amazon and Flipkart To Offer Heavy Discounts This Summer
With huge inventories almost four times the usual stock level as suggested by vendors, leading online e-tailers including Amazon and Flipkart are all set to come up with huge discounts this summer. Annual sales shall be across segments as well ...
Flipkart's Myntra Acquires Jabong From Global Fashion Group
Flipkart-owned Myntra announced that it has acquired Jabong from Global Fashion Group. This move is said to mark further consolidation in India's booming e-commerce industry.  "Global Fashion Group (GFG) has entered into a definitive agreement to sell Jabong, its Indian business, ...
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