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Anonymous

Anonymous

Hey I am on Medial ‱ 1y

Flipkart purchased Myntra in 2014. Flipkart purchased Jabong via Myntra in 2016. Walmart purchase Flipkart in 2018. Flipkart killed Jabong in 2020. Is it fair to purchase a company just to kill it? _S

Jaswanth Jegan

Founder-Hexpertify.c... ‱ 1y

There is nothing wrong they used jabong’s employees and its resources to make themselves stronger

Anonymous

Anonymous

Hey I am on Medial ‱ 1y

Whats your take on Twitter purchasing and killing the popular video sharing vlog company Vine?

Jaswanth Jegan

Founder-Hexpertify.c... ‱ 1y

Vine failed to create monetisation and hence lost against Tik Tok then why should Twitter keep running Vine?

Anonymous

Anonymous

Hey I am on Medial ‱ 1y

Vine didnt lose against TikTok. Vine was shutdown way before TikTok. And monetisation is not the reason for its shutdown

Jaswanth Jegan

Founder-Hexpertify.c... ‱ 1y

Then tell me the reason

Anonymous

Anonymous

Hey I am on Medial ‱ 1y

It has to do with Twitter having strategic issues. Twitter purchased Vine as short video aligned with short text strategy. Twitter's interests changed drastically and stopped all focus from Vine. A detailed documentry on this is available on Youtube,

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Jaswanth Jegan

Founder-Hexpertify.c... ‱ 1y

Will check it out! but they spent millions to acquire vine why shut down than sell it to someone even at a lower valuation may save millions right?

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