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In September 2017, Myntra negotiated the rights to manage Esprit Holdings's 15 offline stores in India. [21] [22] Myntra reported a net loss of ₹151.20 crore in the financial year 2017–2018. [23] In January 2021, Myntra changed its logo, after a police complaint was registered that the logo resembles a naked woman.
In November 2013, Jabong.com held an Alexa Traffic ranking of 37 in India. [38] Jabong also ranked 10th in Google Zeitgeist India trends making it the 10th most searched term in 2012 in India. [39] Flipkart owned Jabong fashion portal was shut down completely in Feb 2020 [40] [41] [42] and Jabong website users are redirected to Myntra website ...
Camelcamelcamel is a website that tracks prices of products sold on Amazon. [1] [2] Founded by Daniel Green [3] [4] in 2008 and developed by Cosmic Shovel Inc. [5] In 2015 it was voted as the most popular price tracking tool among Lifehacker readers. [6]
India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. [1] Despite being the second-largest user base in world, only behind China (1.079 billion, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54M, 81%), but is growing, adding around 6 million new entrants every ...
With its eyes on India's retail market, Flipkart acquired Letsbuy, an online electronics retailer, [26] in 2012, and Myntra, an online fashion retailer, for US$280 million in May 2014. [27] Myntra continues to operate alongside Flipkart as a standalone subsidiary focusing on separate market segments. [28]
Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal. [3] Snapdeal is one of the top 5 online marketplaces in India. [4] Snapdeal targets the value e-commerce segment, which Bahl estimated to be three times larger than the branded goods market. [5]
Mukesh Bansal is an Indian entrepreneur and author known for his contributions to digital commerce, wellness, and technology.A 1997 computer science graduate from IIT Kanpur, he began his career at Deloitte before moving to Silicon Valley in 1999, where he worked at Nextag, Centrata, and newScale, gaining expertise in technology and strategy.
[9] [10] In May 2020, JioMart was fully launched in 200 cities and towns across India. [11] [12] [13] Within only a few days of its launch, the JioMart app surpassed one million downloads. [14] In October 2020, JioMart signed an agreement with Infibeam Avenues. Under this deal, Jio will use Infibeam's solutions to power its e-commerce and ...