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
Vaibhav Gupta
Stealth • 7m
Nothing wrong I feel, you need to take hard decisions in business to sustain your scale and become profitable.
0 replies3 likes
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So after meesho Flipkart is also going to be profitable.
But the intresting thing is phonePe is also on path to be become profitable
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