Bengaluru: Flipkart Group company Myntra on Tuesday announced its acquisition of e-store Jabong from Global Fashion Group, saying this gave Flipkart pole position in the sector catering to the country's fashion and lifestyle segment.
<img title="Tech: Flipkart-owned Myntra acquires fashion e-store Jabong" src="http://images.mid-day.com/images/2016/jul/myntra-purchase.jpg" alt="Tech: Flipkart-owned Myntra acquires fashion e-store Jabong" /> Picture courtesy Myntra's official Twitter page&nbsp;@myntra
"The acquisition of Jabong further strengthens Flipkart Group's position as the undisputed leader in fashion and lifestyle segment in India," the e-commerce platform said in a release here.
&nbsp;
<blockquote class="twitter-tweet" data-lang="en">
Welcome <a href="https://twitter.com/JabongIndia">@JabongIndia</a> to the <a href="https://twitter.com/Flipkart">@Flipkart</a> family. We'll create history together.
&mdash; Sachin Bansal (@_sachinbansal) <a href="https://twitter.com/_sachinbansal/status/757793864098820100">July 26, 2016</a></blockquote>
<script charset="utf-8" type="text/javascript" src="http://platform.twitter.com/widgets.js"></script>
"Myntra and Jabong are all set to define the next generation of online shopping with a combined base of 15 million monthly active users and offering the best of brands to Indian consumers," it added.
&nbsp;
<blockquote class="twitter-tweet" data-lang="en">
Today, <a href="https://twitter.com/myntra">@Myntra</a> got bigger! Delighted to welcome <a href="https://twitter.com/JabongIndia">@JabongIndia</a> to the <a href="https://twitter.com/Flipkart">@Flipkart</a> group!
&mdash; binnybansal (@binnybansal) <a href="https://twitter.com/binnybansal/status/757796767509323776">July 26, 2016</a></blockquote>
<script charset="utf-8" type="text/javascript" src="http://platform.twitter.com/widgets.js"></script>
"This acquisition is a continuation of the group's journey to transform commerce in India," Flipkart co-founder Binny Bansal said in the statement.
Flipkart co-founders Sachin Bansal and Binny Bansal, officially welcomed Jabon India on Twitter. (View their embedded tweets above)

Flipkart Group company Myntra on Tuesday announced its acquisition of e-store Jabong from Global Fashion Group, saying this gave Flipkart pole position in the sector catering to the country's fashion and lifestyle segment

Tech: Flipkart-owned Myntra acquires fashion e-store Jabong

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Flipkart Group company Myntra on Tuesday announced its acquisition of e-store Jabong from Global Fashion Group, saying this gave Flipkart pole position in the sector catering to the country's fashion and lifestyle segment

Tech: Flipkart-owned Myntra acquires fashion e-store Jabong

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