Is Amazon planning to acquire Jabong in couple of months?

Asked By Jason K Shivers 60 points N/A Posted on - 11/27/2014

Jabong is reported with 3.197 million orders between January 2014 and June 2014 with a gross merchandise value GMV of Rs.509.5 crores. If the same growth is consistent then it is expected to have sales of Rs.1300 to Rs.1500 crores by March 2015. Is Amazon planning to acquire Jabong in couple of months?

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Answered By Santhoto gabriel 0 points N/A #186561

Is Amazon planning to acquire Jabong in couple of months?

Hi Jason k Shivers, yes dear!!! Amazon ia absolutely going to stun everyone. Amazon is going for acquire Jabong very soon. Jabong is Indian leading lifestyle fashion E-commerce and if we believe on the all reports coming, Amazon is going to acquire Jabong in $1.1-$1.2 million. It will be biggest acquitting in India. If Flipkart buy Myntra,The deal between Amazon and Jabong will be sealed definitely.

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• Posted on - 11/28/2014
• Question Category: Anonymous questions