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Saturday, 1 November 2014

Amazon in talks to acquire Jabong; move a counter to Flipkart's Myntra buy? Read more at: http://economictimes.indiatimes.com/articleshow/44765139.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

BANGALORE: Amazon is in preliminary talks to buy Jabong, part of the US-based online retailer's plan to bolster its presence selling fashion products, four people aware of the discussions told ET.

Jabong is one of the fashion portals that Amazon is interested in acquiring, and Jabong has other suitors, the sources said, cautioning that a deal is not imminent. A regulatory filing by Rocket Internet, which incubated Jabong, put the value of the fashion portal at 388 million euros, or $50 .. 


BANGALORE: Amazon is in preliminary talks to buy Jabong, part of the US-based online retailer's plan to bolster its presence selling fashion products, four people aware of the discussions told ET.

Jabong is one of the fashion portals that Amazon is interested in acquiring, and Jabong has other suitors, the sources said, cautioning that a deal is not imminent. A regulatory filing by Rocket Internet, which incubated Jabong, put the value of the fashion portal at 388 million euros, or $50 .. 
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BANGALORE: Amazon is in preliminary talks to buy Jabong, part of the US-based online retailer's plan to bolster its presence selling fashion products, four people aware of the discussions told ET.

Jabong is one of the fashion portals that Amazon is interested in acquiring, and Jabong has other suitors, the sources said, cautioning that a deal is not imminent. A regulatory filing by Rocket Internet, which incubated Jabong, put the value of the fashion portal at 388 million euros, or $50 .. 

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