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Udyamee

Stealth • 6m

𝗪𝗵𝗮𝘁 𝗪𝗲𝗻𝘁 𝗪𝗿𝗼𝗻𝗴: 𝗪𝗶𝘁𝗵 𝗷𝗮𝗯𝗼𝗻𝗴! 📉 Jabong, once a favorite fashion shopping destination in India, was founded in 2011 by Arun, Pravin, Lakshmi, and Manu Kumar Jain( MI guy ). Their mission was to revolutionize how people bought clothes and fashion products. Jabong introduced luxury brands like Dorothy Perkins to the Indian market. What went wrong? • Frequent Management Changes: Led to instability. • Rocket Internet: The incubator that launched Jabong. • Arrival of Amazon in 2013 and Acquisition of Myntra by Flipkart. • Merger with Myntra: Caused Jabong to lose its unique identity. Dark Side of Rocket Internet: A Germany-based conglomerate, is known for copying successful business models and adapting them outside the US and China. They are better at launching companies than running or selling them. Earlier, Amazon and Jabong were in talks to acquire the company for $1.2b but it ended up being sold for $70 million. In July 2020, Jabong shut down.

24 replies22 likes

Replies (24)

Varun reddy
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GITAM • 6m

[This post has been deleted by the creator]

0 replies

Havish Gupta

Stealth • 6m

Great series bro. 🚀

1 replies1 like

SamCtrlPlusAltMan
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OpenAI • 6m

💯

1 replies1 like

Aryan Raj

Stealth • 6m

Great notification 😅

0 replies4 likes

Anonymous 7

Stealth • 6m

Rocket internet has a really bad problem of copying western shit and completely destroying localised way of operations that’s what happened to them too.

1 replies1 like

Anonymous 6

Stealth • 6m

Great one!

1 replies3 likes

Gireendra Varma

Stealth • 6m

Awesome content buddy, keep rocking🚀

1 replies2 likes

Anonymous 5

Stealth • 6m

Wtfff I thought myntra acquired it omg. Thanks for this. I remember a time when jabong used to be our household name for online shopping.

1 replies1 like

Anonymous 4
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Flipkart • 6m

They were probably the first startup I ever organically heard about, from India.

1 replies1 like

Anonymous 3

Stealth • 6m

Jabong had such a headstart in the online fashion space in India. Sad to see it crumble thanks to mismanagement and the Rocket Internet jinx.

1 replies1 like

Anonymous 2

Stealth • 6m

With the benefit of hindsight, they should have doubled down on their first-mover advantage instead of panicking with Flipkart's Myntra acquisition.

1 replies3 likes

Udyamee

Stealth • 6m

Title credit goes to the @Medial notification person 😂

0 replies6 likes

Anonymous 1

Stealth • 6m

The revolving door of leadership really hurt them badly. No cohesive long-term strategy or vision with those frequent top management changes.

1 replies3 likes

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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

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Udyamee

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Piyush Goswami

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Just read a post on medial regarding Myntra entering the doorstep delivery market although it is currently confined to only fashion and a few more things. But why is there so much scuffle in the doorstep delivery market??

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Hey needs a co founder for a startup idea, any one up with 2 lakh and brain? Eagar to welcome my co founder, i am investing 5 lakh. idea is to disrupt fashion industty with tech. Dominate amazon, myntra, flipkart.. they cant even make or think what i

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Piyush

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Just saw a post on medial regarding Myntra entering the doorstep delivery market although just fashion for know but the main question is,why are we getting to see so much scuffle in this sector?

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