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| VIEW EVENT INFORMATION: amazon |
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Indian Ecommerce Giant Flipkart Buys Fashion E-tailer Myntra To Fight Amazon’s Growth |
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About the organization Amazon:
Type: Business
Sub-Types: Downloading Agent, Website, Retailing Agent, E-Commerce, Internet, Online Store, Store, Application Software, Telecommunication, Telecommunication Software, Online Shop |
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Notable Organizations: Amazon, Techcrunch
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| India’s biggest e-commerce company, Flipkart, is acquiring fast growing online fashion retailer Myntra, the two companies confirmed today.
The pair share two investors, Tiger Global Management and Accel Partners.
Flipkart will be acquiring 100% of Myntra, and plans to invest $100 million in further developing the fashion business as it seeks to scale up faster to compete with… |
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