Flipkart ex-CPO Punit Soni thinks Myntra has played a ‘Killer Game’

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Flipkart ex-CPO Punit Soni thinks Myntra has played a ‘Killer
Game’
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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.


Sachin Bansal, the Executive chairman of Flipkart officially announced the arrival of Jabong into the Flipkart family. He tweeted,


Binny Bansal, the CEO of Flipkart said
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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.

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