Flipkart ex-CPO Punit Soni thinks Myntra has played a ‘Killer Game’
Advertisement
Advertisement
Flipkart’s former Chief Product Officer Punit Soni thinks Flipkart-owned Myntra’s Jabong acquisition is a ‘guaranteed win’. The former Flipkart executive tweeted saying:This comes hours after home-grown e-commerce giant Flipkart announced its company Myntra has acquired Jabong. The deal is estimated at around $70 million.In India, if there is one place where there is a guaranteed win: it's Myntra. They will kill it. They are the big winners.@mukeshbansal06
— punitsoni (@punitsoni) July 26, 2016
Ananth Narayanan is an incredible CEO. @myntra has a killer game and they are going to dominate the mid/high fashion game in India.
— punitsoni (@punitsoni) July 26, 2016
Sachin Bansal, the Executive chairman of Flipkart officially announced the arrival of Jabong into the Flipkart family. He tweeted,
Welcome @JabongIndia to the @Flipkart family. We'll create history together.
— Sachin Bansal (@_sachinbansal) July 26, 2016
Binny Bansal, the CEO of Flipkart said
Advertisement
Today, @Myntra got bigger! Delighted to welcome @JabongIndia to the @Flipkart group!
— binnybansal (@binnybansal) July 26, 2016
Jabong has been up for sale for a while now. Flipkart has piped the lies of Future Group, Kunal Bahl’s Snapdeal and Aditya Birla-owned Abof to acquire it.
After this deal, Myntra and Jabong will have a combined base of 15 million monthly active users, and an assortment of global brands exclusive to both the platforms. That might work in the deal's favor.
Image Source
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market