Posts Tagged: "Jabong Amazon Merger"

Amazon To Acquire Jabong For $1.2 Billion

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Jabong Registers Highest MOM

As the style keeps changing, clothing industry remains a higher margin, fast growing and evergreen business. American online retail giant Amazon is planning to buy the fashion portal Jabong.com as its first acquisition in India for $1.2 billion as reported by VCCircle. Jabong is backed by Rocket Internet, which had...