Myntra set to achieve profitability in FY18
Online fashion retailer Myntra said it has witnessed an 80% year-on-year growth (Oct, 2015 to Oct 2016) with an industry leading revenue run rate of $1 billion. The acquisition and turnaround of Jabong and the recently concluded festive season have contributed to this growth and strengthened Myntra's position on its path to profitability.
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