Thursday, May 22, 2014

It is official! Flipkart owns Myntra. How will this pan out?

The financial details were not disclosed but the transaction is valued close to US$300 million. Industry experts analyse the deal… India’s e-commerce sector has witnessed the biggest consolidation*with the largest e-commerce firm Flipkart fully acquiring the online fashion store Myntra. The financial details of the deal were not disclosed, but the transaction is valued close Read the full article...



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