Flipkart-owned Myntra goes shopping for Jabong; Khaitan, BMR on $70 million deal

Flipkart's office in Bangalore
Flipkart's office in Bangalore

Indian e-commerce giant Flipkart has acquired another fashion retail website, beating competitors Snapdeal to the chase. Myntra, owned by Flipkart, has acquired Jabong for $70 million from the Global Fashion Group.

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