Amidst a tough sail in the rough waters marked by scarce funds, valuation markdown and management exodus, India’s largest e-commerce portal, Flipkart has announced another re-shuffling at its top-deck. With ever increasing competition from arch-rival Amazon, the company has decided
Strengthening its position as the undisputed leader in online fashion and lifestyle segment in India, Bengaluru-based Flipkart has acquired online fashion portal Jabong from Global Fashion Group(GFG) through its arm, Myntra, beating the likes of Snapdeal, Future group, and Amazon.
E-commerce fashion retailer Myntra is buying a majority stake in Hrithik Roshan’s active lifestyle brand ‘HRX’ aiming at boosting its high-margin private brands business, reports Mint. The financial details of the deal haven’t been disclosed by Myntra and the transactions
BANGALORE, INDIA: Myntra invited techies over this weekend to create game-changing mobile technologies, themed around Computer Vision, Big Data, and Artificial Intelligence. The Myntra Hack Day is an annual event, launched last year with around 200 participants, featuring crazy ideas,
BANGALORE, INDIA: Online fashion portal, Myntra has clocked $800 million in annualized Gross merchandise volume(GMV) in January 2016. It has also recorded a growth of 70 percent YoY in 2015. Sales volumes for the month were propelled by the growth
BANGALORE, INDIA: Flipkart owned fashion and lifestyle business Myntra has hired the Mckinsey & Company director, Ananth Narayanan as its CEO. He will start working at Myntra’s Bengaluru headquarters from October 1, 2015. He will take over from the current CEO and Co-Founder