Flipkart-owned Myntra pips Snapdeal and Future Group, acquires Jabong for $70 million
NEW DELHI | BENGALURU: Flipkart-owned Myntra on Tuesday pipped Snapdeal and the Future Group to acquire rival Jabong in a $70-million all-cash deal that creates India’s largest online fashion destination, reduces discounts and strengthens the Bengaluru-based company’s prospects of keeping Amazon at bay in this