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It seems Flipkart owned online fashion retail outlet Myntra is on an acquisition spree, in a bid to curb all competition and become the sole leader in the market. We saw the eCommerce giant acquire Jabong last month USD 70 million.It hasn't been a whole month since then and Myntra is yet again in news for buying out majority stakes in Hrithik Roshan and Exceed Entertainment owned active lifestyle brand HRX.
Success Myntra: How Flipkart turned fashionable
The odds are even
Jabong's new parent is Myntra and grandparent Flipkart.-Twitterati reactions to 'Myntra's coup
Walmart-Flipkart $16 bn deal: Five charts explain why the US retailer fell in love with India's e-commerce giant – Firstpost
Flipkart chief resigns after probe into sexual misconduct claims
A timeline of Flipkart's acquisitions
Myntra's Jabong Buy May've Nullified Competition, But What About Profits? - Forbes India
Jabong: In sale season, Flipkart-owned Myntra buys Jabong for Rs 470cr
Flipkart-owned Myntra acquires Jabong - Times of India
image.cnbcfm.com/api/v1/image/105225154-GettyImage
Walmart announces 77 percent stake in Flipkart which is expected to boost its growth – Firstpost
Myntra acquires Jabong in deal valued at $70 million
Walmart Falls After $16 Billion Flipkart Deal - Bloomberg
Flipkart's Myntra acquires Jabong in $70 million 'discount' deal
Flipkart-owned Myntra acquires Jabong, CIO News, ET CIO