Walmart-owned Flipkart Shut Down Fashion Portal Jabong to Concentrate on Myntra
Walmart-owned e-commerce marketplace Flipkart has formally shut down Jabong to concentrate on its premium fashion marketplace Myntra. Flipkart which had acquired the fashion platform around four years ago is now going to redirect Jabong’s portal and its app to Myntra’s shopping window, according to a report in the Economic Times. Flipkart had bought Jabong for $70 million (in…