By A Mystery Man Writer
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.
Is a dot-com bubble shaping up in general merchandise retailing?
Flipkart subsidiary Myntra acquires majority stake in Hrithik Roshan's brand HRX
Myntra shows interest in Hrithik Roshan's HRX; buys 51% stakes in the brand - Indian Retailer
Flipkart owned Myntra acquires majority stake in Hrithik Roshan’s brand HRX
Myntra to acquire Hrithik Roshan's HRX to boost revenue from private labels
Myntra buys a 51% stake in Hrithik Roshan's lifestyle brand HRX, ET BrandEquity
Myntra buys majority stake in Hrithik Roshan's fashion brand HRX
Is a dot-com bubble shaping up in general merchandise retailing?
Flipkart owned Myntra acquires majority stake in Hrithik Roshan’s brand HRX
Myntra Subsidiaries And Acquisitions