Jabong

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Jabong - Total results - 71
Flipkart formally closes down fashion portal Jabong 4 years after acquisition; to focus fully on Myntra for apparel business
Business

Flipkart formally closes down fashion portal Jabong 4 years after acquisition; to focus fully on Myntra for apparel business

In July last year, it was hinted that Walmart-owned Flipkart might close down Jabong after the e-commerce firm had started diverting the shoppers to its own e-commerce firm Myntra.

Jabong may cease to exist as independent brand after parent firm Flipkart redirects shoppers to Myntra
Business

Jabong may cease to exist as independent brand after parent firm Flipkart redirects shoppers to Myntra

In July 2016, Flipkart's Bengaluru-headquartered fashion e-commerce company Myntra had acquired Jabong for $70 million.

Flipkart issues ESOPs worth $100 million to senior and middle-level staff as part of efforts to retain key talent
Business

Flipkart issues ESOPs worth $100 million to senior and middle-level staff as part of efforts to retain key talent

Some employees of Flipkart were given shares worth their full-year salary, while others received shares equivalent to their six-month remuneration, it said

Revised FDI norms for e-commerce: Brands co-owned by Bollywood celebrities likely to get affected
Business

Revised FDI norms for e-commerce: Brands co-owned by Bollywood celebrities likely to get affected

The government has banned e-commerce companies such as Amazon.com and Walmart-owned Flipkart Group from selling products from companies in which they have an equity interest

Myntra, Jabong CEO steps down to reportedly take over as Hotstar chief
News & Analysis

Myntra, Jabong CEO steps down to reportedly take over as Hotstar chief

Flipkart’s Amar Nagaram has been named as the head of Myntra and Jabong.

Ananth Narayanan steps down as Myntra-Jabong CEO to pursue foreign opportunities; Amar Nagaram takes over
Business

Ananth Narayanan steps down as Myntra-Jabong CEO to pursue foreign opportunities; Amar Nagaram takes over

In a statement, Myntra said Narayanan has decided to step down as CEO of Myntra and Jabong to pursue external opportunities.

After Binny Bansal's exit, at least 20 executives at Flipkart may step down; Myntra-Jabong CEO Ananth Narayanan to continue
Business

After Binny Bansal's exit, at least 20 executives at Flipkart may step down; Myntra-Jabong CEO Ananth Narayanan to continue

Bengaluru-based Myntra, which was bought by Flipkart in 2014, could also see a job cut of up to 500 people

Myntra-Jabong CEO Ananth Narayanan may step down following changes in reporting structure at Flipkart
Business

Myntra-Jabong CEO Ananth Narayanan may step down following changes in reporting structure at Flipkart

Kalyan Krishnamurthy will continue to be CEO of Flipkart, which will now include Myntra and Jabong, continuing to operate as separate platforms within the Flipkart business

Flipkart CEO Binny Bansal resigns following probe into personal misconduct
News & Analysis

Flipkart CEO Binny Bansal resigns following probe into personal misconduct

Walmart earlier this year agreed to pay $16 billion for a roughly 77 percent stake in Flipkart.

Walmart offer: Flipkart employees to turn millionaires as US retail giant to buy ESOPs worth $800 mn
Business

Walmart offer: Flipkart employees to turn millionaires as US retail giant to buy ESOPs worth $800 mn

Last December, Flipkart had bought back ESOPs worth over $100 million from over 3,000 current and former employees as well as its other units, such as Myntra, Jabong and PhonePe.

Amazon brings support for Hindi to its mobile website and app for Android phones
News & Analysis

Amazon brings support for Hindi to its mobile website and app for Android phones

Among Flipkart, Snapdeal, or Paytm Mall, Amazon is the first e-commerce platform to support Hindi.

Walmart to pay $16 bn for Flipkart: CEO Doug McMillon says India is a priority market for US retail giant
Business

Walmart to pay $16 bn for Flipkart: CEO Doug McMillon says India is a priority market for US retail giant

The record deal will also give Walmart an opportunity to partner with the local leader in growing market, as the e-tailer's leadership team will be supported by investment and technology partners.

Walmart announces 77 percent stake in Flipkart which is expected to boost its growth
News & Analysis

Walmart announces 77 percent stake in Flipkart which is expected to boost its growth

The deal, under which co-founder Sachin Bansal and Japan's Softbank Corp Group are exiting, values Flipkart at USD 20.8 billion.

Flipkart is yet to finalise the Walmart deal, awaiting resolution of taxing related concerns
News & Analysis

Flipkart is yet to finalise the Walmart deal, awaiting resolution of taxing related concerns

Flipkart’s board had “in-principle” approved engaging with Walmart based on the terms of an offer before them, taxation related concerns and a few other issues need to be resolved.

Myntra to help weavers revive demand for handlooms, unveil new brand 'The Tech Threads'
Business

Myntra to help weavers revive demand for handlooms, unveil new brand 'The Tech Threads'

Myntra is also working directly with the weavers from Kamatagi, a village in Bagalkot district of Karnataka.

MobiKwik appointments new business head; aims at $500 billion in digital payments by 2020
News & Analysis

MobiKwik appointments new business head; aims at $500 billion in digital payments by 2020

"I am excited to join MobiKwik Payment Gateway at a time when mobile digital payments are at an inflection point," said Rukaiya Rangwala.

Flipkart maintains its edge over Amazon with 57% market share in March 2017, claims Naspers
Business

Flipkart maintains its edge over Amazon with 57% market share in March 2017, claims Naspers

Naspers invested $71 million for an additional stake in Flipkart in April 2017

E-commerce battle: Amazon may be surging ahead, but Flipkart shows why it's king of sales
Business

E-commerce battle: Amazon may be surging ahead, but Flipkart shows why it's king of sales

In the past few quarters, both Amazon and Flipkart are almost selling same number of items, but the US e-commerce major continues to lag behind Flipkart on value terms

Flipkart raises $1.4 billion from Tencent, Microsoft, eBay in high stakes battle with Amazon
Business

Flipkart raises $1.4 billion from Tencent, Microsoft, eBay in high stakes battle with Amazon

The fundraising also comes amid speculation Flipkart may be interested in a takeover of smaller rival Snapdeal.

This Diwali, let's talk about how e-commerce websites have upped their advertising game
Life

This Diwali, let's talk about how e-commerce websites have upped their advertising game

Through their Diwali ads, E-Bay rejects hetero-normative behaviour, Jabong celebrates the spirit of you and Amazon reminds us the importance of giving to, and sharing with, others this festive season.