Today’s Deals – Rocket Internet’s Jabong sold to Flipkart-owned rival Myntra for $70M

Screenshot 2016-07-26 13.43.33 Finally, Rocket Internet has managed to sell Jabong, its fashion e-commerce site in India, after more than a year of speculation. Myntra, the fashion portal which itself is owned by Flipkart, has stepped up and acquired the company in a deal announced today. Read More

from TechCrunch

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