You Searched For "Myntra acquires Jabong" and got 20 results
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1 min read
Flipkart, Myntra’s top management settles queries of employees, says no mergers in near future
The top brass also mentioned there will not be any employee retrenchments, mergers or team changes.…
1 min read
Flipkart has acquired Jabong
With this acquisition, Flipkart Group's position in the Fashion and Lifestyle segment will be stren…
2 mins read
Here's why Kunal Bahl is happy Snapdeal did not acquire Jabong
Kunal Bahl is happy that Snapdeal lost out on acquiring Jabong to its rival Flipkart. Here's why.
2 mins read
Flipkart announces raising $1.4 billion from Tencent, eBay & Microsoft, and acquires eBay India
Flipkart announced the feat in a blog post. “This strategic partnership enables Tencent to particip…
2 mins read
Myntra is in the middle of a management shakeup after key leaders resign in succession
Other top-notch officials including Mithun Sundar, their Chief Revenue Officer (CRO), and Ma…
1 min read
Myntra to go big on offline expansion, Jabong to add premium brands
He also said that while Myntra had no plans to close Jabong in the coming time, new bra…
1 min read
This is what Myntra, Jabong are doing to consolidate their position in the ecommerce market
Jabong, which was acquired by Myntra in July for $70 million, will also see the launch of multiple …
4 mins read
Flipkart gets leaner with a $300 million Jabong write-off as CEO Kalyan Krishnamurthy lists out the priorities for 2021
As Walmart boss Doug Mcmillon wants to “step on the gas” in India, Flipkart chief executive offi…
1 min read
Alibaba, Future Group, Myntra in race to buy Jabong, deal size expected to be $250 million
German incubator Rocket Internet, who founded Jabong in 2012, and Swedish investment firm Kinnevik,…
1 min read
Flipkart is pumping money in Myntra to ramp up operations; hikes annual budget by 25%
"We will just invest in those brands and that will eventually be run by the entrepreneurs. …
1 min read
Myntra to shut down two offices in Gurugram, shift staff
The management is trying to get both Myntra and Jabong to profitability at the EBITDA (earnings bef…
1 min read
Jabong could be acquired by Snapdeal or Future Group, but at much less price
Reportedly, Snapdeal has offered for a cash-cum-stock transaction, while the Future Group has offer…
2 mins read
How Myntra is scaling up its sales during EORS on the back of a strong marketing game
Myntra’s End of Reason Sale (EORS) started with a bang as it sold 1.77 lakh items, with over 2.2 la…
1 min read
The Story of Jabong's exit: From $500Mn to $70Mn
Here's what actually happened.
3 mins read
Exclusive: Myntra’s ex-CFO Prabhakar Sunder on Mukesh Bansal and why he left the company they shaped
A Computer Science graduate from IIT-Kanpur, Bansal founded Myntra in 2007. He sold his company to …
2 mins read
Myntra’s Jabong acquisition will boost Flipkart in more ways than one
There is no denying that this sale marks one of the sharpest drops in Indian e-commerce history. Ja…
2 mins read
Myntra now an App-only brand, Jabong not keen on shutting down website for app-only approach
The rapid expansion of smartphones from 120-140 million in 2014 to 600-700 million in 2020 will pro…
1 min read
Investors unwilling to buy Jabong for $500mn, say it's worth only half as much!
Sources close to the matter told TOI, the online retailer was put on block by its investors with …
3 mins read
Flipkart raises its biggest round at a lesser valuation and acquires eBay but is it enough to steer off Amazon?
The e-tailer mentioned that this capital was raised at a post-transaction valuation of $11.6 billio…
