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Myntra continues to operate as a standalone brand under Flipkart's ownership, focusing primarily on "fashion-conscious" consumers. [14] In 2014, Myntra's portfolio included about 1,50,000 products of over 1,000 brands, with a distribution area of around 9,000 pincodes in India. [15]
Flipkart slowly grew in prominence and was receiving 100 orders per day by 2008. [16] Flipkart acquired WeRead in 2010 from Lulu.com that helped it build its foundational strength which was the digital retail of books. This space was otherwise only shared by very limited number of players at that time in the market, such as Landmark and Infibeam.
Shopsy is a zero-commission marketplace model for sellers in India . It is a digital commerce initiative by Flipkart, the Bengaluru -headquartered and Walmart-owned e-commerce company with over US$7.7 billion in annual revenue (FY 2022). [ 21][ 22]
Jabong.com was an Indian fashion and lifestyle e-commerce portal founded by Praveen Sinha, Lakshmi Potluri, Arun Chandra Mohan and Manu Kumar Jain. In July, 2016 Flipkart acquired Jabong through its unit Myntra for about $70 million. In February 2020, Flipkart formally shut down Jabong to shift focus completely on its premium clothing platform ...
In 2018, Bansal exited Flipkart following the Walmart deal. [6] In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion. [7] In 2018, Bansal held a 5.5 per cent stake in Flipkart, which he sold to Walmart and his net worth then was a little over $1 billion. [7]
Shower or rinse off before going into the water to help remove dirt or particles from your body that may use up the chlorine in the water. Change diapers away from the water to prevent ...
Shopping. Sports. Weather. IBM’s CHRO weighs in on lessons learned from an early AI rollout. Emma Burleigh. July 12, 2024 at 8:16 AM. Getty Images. Good morning!
Bacon Shoes was a subsidiary of Stylo plc and was dissolved in September 2009 after the collapse of its parent company. [99] Baileys Menswear: Menswear shop based in Briggate, Leeds during the 1970s. [100] James Baker: Small chain of shoe shops purchased by Clarks in 1977. [101] Bambers: Ladies' fashion shop that expanded in the 1960s. [102 ...
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