Flipkart had acquired Jabong for $70 million in 2016In December 2019, Jabong posted 13% drop in app downloads
1 min read6 Feb 2020E-tailer’s net losses narrow down to Rs179 crore in FY19, compared to losses of Rs188 core a year agoJabong reduces total expenses by 6% year-on-year to Rs417 crore
1 min read20 Nov 2019Walmart had picked up 77% stake in Flipkart for $16 billion last yearWalmart Inc President and CEO Doug McMillon noted that the Indian market represents a significant opportunity for growth
2 min read14 Nov 2019In an interview, Amar Nagaram, head, Myntra-Jabong, talked about the move toward content-driven marketing, influencer engagement and why video content is the biggest driving force in online fashion
3 min read13 Sep 2019Focus in online retail shifting to fastest deliveries, after-sales services such as alterations, and reduction in the number of returnsMyntra to launch 30 experience centres across India by August, where customers can pick products they ordered when convenient, return and get alterations done on the spot
2 min read19 Jun 2019Flipkart executive Amar Nagaram will now lead Myntra-Jabong, reporting directly to Flipkart CEO Kalyan Krishnamurthy
2 min read15 Jan 2019Myntra reported a net loss of 151.20 crore in FY18a 76% drop from 627.70 crore loss reported in FY17
2 min read8 Jan 2019It has been a roller-coaster ride for Flipkart, which set the template for startups in India and ended up being acquired by Walmart
9 min read27 Dec 2018Flipkart units Myntra and Jabong are looking to acquire 7 lakh new customers during End of Reason Sale (EORS) from 22 to 25 December
1 min read20 Dec 2018In a wide-ranging interview with Mint, Flipkart CEO Kalyan Krishnamurthy speaks on variety of issues, including the e-commerce major's growth plans and roadmap for Myntra and Jabong.
3 min read12 Dec 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared