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Flipkart, which is rarely listed as a startup or unicorn now, has also had to delay its IPO
The partnership aims to help the Walmart-owned e-commerce company in its battle with rival company Amazon to tap the booming fashion retail business in the country
The sale will exhibit more than 2,500 international, national brands available at min 50-80% cut
Customer insight drives the e-retailer to launch 'mood' stores, rethink the way it sells its wares
The apparel category contributes around 45 per cent to the Jabong business
Jabong also recorded almost 0.5 million new app installs for EORS
Sales on Jabong in October were boosted by festive sales that ran alongside parent Flipkart's Big Billion Day sale
This comes ahead of the Maternity Benefits (Amendment) Bill to be tabled in Lok Sabha in upcoming winter session
It has a big portfolio of international designers & brands, which will now be part of Myntra after Tuesday's acquisition
Move to strengthen portfolio in high-margin online fashion retail space, comes at time of fierce competition with Amazon
The sources say GFG is speaking to its legal team and might be filing a civil, as well as a criminal, suit in the next few days
The fashion portal could become the M&A high point of 2016 as it switches focus to profit in the midst of changes and uncertainties for the industry
The online fashion portal is exploring a combination of options -- majority sale or complete sellout
GMV in the current quarter saw an 8.4% increase, with the firm doing biz of $61.1 mn
Jabong has in the past launched high-street brands, including TOPSHOP, TOPMAN, Dorothy Perkins, Missguided