Jabong News

Companies

Flipkart shuts down fashion portal Jabong, to focus fully on Myntra

Flipkart had acquired Jabong for $70 million in 2016In December 2019, Jabong posted 13% drop in app downloads

1 min read6 Feb 2020
Companies

Jabong reports 19% rise in FY19 revenues at Rs204.6 crore

E-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 2019
Companies

Walmart logs $290 million impairment for Jabong, sees strong growth from Flipkart, PhonePe

Walmart 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 2019
Companies

Influencers drive fashion buying, says Myntra-Jabong’s Nagaram

In 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 2019
Industry

E-commerce battle moves beyond the discounts

Focus 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 2019
Companies

Flipkart quashes Myntra CEO post as Ananth Narayanan resigns

Flipkart executive Amar Nagaram will now lead Myntra-Jabong, reporting directly to Flipkart CEO Kalyan Krishnamurthy

2 min read15 Jan 2019
Companies

Myntra revenue shrunk by 80% to ₹427 crore in FY18

Myntra reported a net loss of 151.20 crore in FY18a 76% drop from 627.70 crore loss reported in FY17

2 min read8 Jan 2019
Companies

Flipkart, and the Ballad of the Bansals

It 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 2018
Companies

Myntra aims for 10x sales in End of Reason Sale

Flipkart 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 2018
Companies

Flipkart CEO Kalyan Krishnamurthy on roadmap for Jabong, Myntra

In 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 2018
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