Flipkart-owned Myntra today said it has acquired Jabong from Global Fashion Group for an undisclosed amount, a move that will mark further consolidation in India’s booming e-commerce industry. Myntra, which itself was acquired by Flipkart in 2014 in an estimated Rs 2,000 crore deal, will have access to a combined base of 15 million monthly active users. No financial details […]
» Read moreChinese internet and technology conglomerate LeEco may acquire US TV company VIZIO and is likely to host an event in the US to announce this, the company said on Friday. VIZIO TVs are quite popular in the US owing to their low price and better quality. The company also offers sound bars, tablets, ultrabooks and even mobile phones in addition […]
» Read moreE-classified player Quikr has acquired Hiree, an online hiring platform, as part of its focus to tap the white collar job market. Hiree, which counts IT companies and startups among its customers, will be merged with Quikr’s job vertical QuikrJobs and will operate out of the latter’s headquarters, Quikr said in a statement today.
» Read moreFashion e-tailer Myntra today said it has acquired Bengaluru-based Cubeit for an undisclosed sum to focus on content aggregation on mobile. As part of the acquisition, the team at Cubeit has been inducted into Myntra , making it an ‘acqui-hire’ that will further strengthen and expand the technology team, Myntra said in a statement. No financial details of the deal were disclosed. Cubeit, […]
» Read moreNEW YORK: To help business owners connect with their users, micro-blogging website Twitter has launched “Twitter Dashboard” — an app to streamline engagement for business accounts. “Available on web and iOS version, Dashboard includes features that have popped up in other Twitter products in the past. In both versions, Twitter guides you through a quick process to create a custom […]
» Read moreFlipkart is taking another stab at selling its own brand of products, with a few tweaks to its earlier private-label business model that had suffered a few setbacks. India’s largest online marketplace is preparing to launch in-house brands in jewellery, mobile and fashion accessories and other categories shortly, according to two people aware of Flipkart ‘s plans. The Bengaluru-based company […]
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