Online fashion marketplace Myntra has announced that it has acquired its rival Jabong from Global Fashion Group to create India’s biggest fashion shopping destination. The acquisition of Jabong further strengthens Myntra and its parent company Flipkart’s position as the undisputed leader in fashion and lifestyle segment in India.
Jabong is among India’s major fashion multi-brand e-store with more than 1,500 on-trend international high-street brands, sports labels, Indian ethnic and designer labels and over 150,000 styles from over a thousand sellers. Myntra and Jabong are all set to define the next generation of online shopping with a combined base of 15 million monthly active users and offering the best of brands to Indian consumers.
So let’s do:
1. Name the company. which has accuired fashion and lifestyle e-commerce portal, Jabong?
Source – The Hindu