By A Mystery Man Writer
It seems Flipkart owned online fashion retail outlet Myntra is on an acquisition spree, in a bid to curb all competition and become the sole leader in the market. We saw the eCommerce giant acquire Jabong last month USD 70 million.It hasn't been a whole month since then and Myntra is yet again in news for buying out majority stakes in Hrithik Roshan and Exceed Entertainment owned active lifestyle brand HRX.
Myntra buys majority stake in Hrithik Roshan's apparel brand
What Did Walmart Spend $16 Billion On?
Flipkart, Logopedia
Walmart's Acquisition Of Flipkart Will Be A Good Deal For E-Commerce In India
Walmart buys 77% stake in Flipkart for $16 billion
Rocket Internet's Jabong sold to Flipkart-owned rival Myntra for $70M
Walmart's Acquisition Of Flipkart Will Be A Good Deal For E-Commerce In India
Myntra's Branding Fiasco Is a Sign of the Times, by Antony Terence, The Startup
Flipkart's Myntra burning more money than Rocket Internet's Jabong