Myntra is consolidating its Gurgaon operations into its Bengaluru headquarters, relocating some roles and implementing layoffs with severan...

While seen as an ancillary source of revenue, income from advertisements is highly profitable for these platforms — with around 90-95% of t...

Flipkart-owned fashion etailer Myntra is facing an ED complaint for alleged FDI rules violations, totalling Rs 1,654 crore. Accused of misu...

The Flipkart-owned fashion platform, which entered quick commerce last week, has been working on slashing the cost of returns which has pla...

Myntra's total expenses in FY23 rose to Rs 5,290 crore. The fashion etailer spent Rs 1,758 crore in advertising and promotional expenses, u...

Myntra’s revenue growth rate, even though on a smaller base, surpassed parent Flipkart’s marketplace business’s revenue growth rate, which ...

India was under complete lockdown since Prime Minister Narendra Modi announced it on March 24 due to the coronavirus outbreak resulting in ...

Flipkart has been struggling to figure out a definitive long-term strategy for the fashion portal.

Myntra rolled out ‘Thrive’, a wellness framework in which financial well-being is one of the main tenets.

This reduction in losses comes even as Myntra Designs, the main entity that runs Myntra’s marketplace, clocked a whopping 94% increase in F...

The Flipkart-owned Myntra used to register the bulk of its sales from Vector Ecommerce, but it started reducing its dependence on the selle...

Since there is a ban on FDI in direct online retail, Myntra sources products from brands and sells them to Vector, which in turn sells them...

A constant struggle for ecommerce companies is whether their products are priced too high or if they are leaving too much money on the tabl...

The move comes barely six weeks after Bansal, former head honcho at Flipkart, and Nagori resigned from the country’s largest online retaile...

Mukesh Bansal has resigned as head of commerce & advertising biz at Flipkart, just weeks after a restructuring that resulted in Binny Bansa...

Employees at the Bengaluru company were informed about these changes in an email on Monday morning sent by founders Sachin Bansal and Binny...

According to market sources, Flipkart is losing close to Rs 70 crore a month. Myntra on the other hand, is fast losing market as well.