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July 26, 2016 06:41 am GMT

Rocket Internets Jabong sold to Flipkart-owned rival Myntra for $70M

Screenshot 2016-07-26 13.43.33Finally, Rocket Internet has managed to sell Jabong, its fashion e-commerce site in India, after more than a year of speculation. Myntra, the fashion portal which itself is owned by Flipkart, has stepped up and acquired the company in a deal announced today. Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Yv-AND-0NBc/

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