
Jabong Out Of Picture, Flipkart To Focus On Myntra
Wednesday, February 5, 2020, 4:21 PM
Flipkart has shut down online fashion store Jabong and is focusing on Myntra, which it acquired in 2014, The Economic Times reported on Wednesday. Two years after being acquired by Flipkart, Myntra had acquired Jabong in a deal estimated to be worth $70 million in July 2016. The website and app of Jabong are redirecting users to Myntra.
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