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Business

Flipkart to control 70 per cent market share post Jabong buy

The acquisition of Jabong by Flipkart is a win-win situation for the e-commerce giant. It will now get to control almost 70 percent market share in India’s growing online apparel shopping segment. Jabong controls 25 percent of the market. Together, Myntra and Flipkart hold 45 percent of the fashion e-commerce market. Even though Jabong has been...

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