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
I want to understand basic terms on what is equity and how do you decide? How are the profits shared later? Can someone pls explain with example for easy understanding?