After Jabong, Flipkart owned Myntra acquires majority stake in

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.

Flipkart employees may get richer under the stock options buyback after the Walmart acquisition

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Myntra buys majority stake in Hrithik Roshan's apparel brand

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