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Rocket Internet’s Jabong sold to Flipkart-owned rival Myntra for $70M
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Finally, Rocket Internet has managed to sell Jabong, its fashion e-commerce site in India, after more than a year of speculation. Myntra, the fashion portal which itself is owned by Flipkart, has stepped up and acquired the company in a deal announced today. Read More
https://techcrunch.com/2016/07/25/rocket-internets-jabong-sold-to-flipkart-owned-rival-myntra-for-70m/?ncid=rss
Finally, Rocket Internet has managed to sell Jabong, its fashion e-commerce site in India, after more than a year of speculation. Myntra, the fashion portal which itself is owned by Flipkart, has stepped up and acquired the company in a deal announced today. Read Morehttps://techcrunch.com/2016/07/25/rocket-internets-jabong-sold-to-flipkart-owned-rival-myntra-for-70m/?ncid=rss