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MYNTRA REVENUE GROWTH
Myntra announces End of Reason Sale starting May 29Myntra's 24th End of Reason Sale begins May 29. Millions of customers can shop over 6 million styles. Emerging brands will debut new collec...- Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
- Old shopping funnel is gone: Gen Z is rewriting rules of retailGen Z is rapidly reshaping India’s online retail market, forcing brands and platforms to rethink traditional marketing strategies. Nearly h...
- Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
- Razorpay eyes omnichannel focus for offline push: sourcesOnline payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acqu...
- Indian brands are disrupting sneakers — one ₹5,000 pair at a time. But can they earn trust?Sneakers are now a fashion statement in India. Local brands are entering the market with competitive prices and cultural relevance. These h...
- D2C apparel brand House of Chikankari raises Rs 25 crore from Cap Alpha VenturesDelhi-based House of Chikankari has secured Rs 25 crore in Series A funding from Cap Alpha Ventures. The D2C fashion startup, specialising ...
- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- Tata to probe TCS Nashik case; Sharon Pais takes over MyntraTata Sons chairman N Chandrasekaran has ordered a probe into the sexual harassment case at TCS Nashik. This and more in today's ETtech Top ...
- Sharon Pais takes over from outgoing Myntra CEO Nandita Sinha, says M-Now will be big growth driverMyntra, owned by Flipkart, is expanding its rapid delivery service M-Now as a key growth area, new head Sharon Pais told ET. Despite leader...
- BigBasket, 1mg founders plan transition; QED's Morris flags credit tighteningHappy Friday! BigBasket and 1mg founders are preparing to step back from day-to-day roles. This and more in today's ETtech Morning Dispatch.
- Myntra CEO Nandita Sinha to step down, Sharon Pais likely replacementSinha's exit adds to the top-level churn at the fashion ecommerce portal as well as its parent company Flipkart, which is looking to go pub...
- Myntra’s social commerce now drives 10% of revenue, fuelled by 3.5 million creatorsMyntra is betting big on social commerce as it blends content, community, and shopping with long-form, creator-led videos emerging as the n...
- ETtech Explainer: How ads have become a key revenue engine for ecommerce platformsWhile seen as an ancillary source of revenue, income from advertisements is highly profitable for these platforms — with around 90-95% of t...
- Myntra turns in a profit in FY24, revenue jumps 15% to Rs 5,122 croreThe Flipkart-owned fashion platform, which entered quick commerce last week, has been working on slashing the cost of returns which has pla...
- Myntra secures $54 million fund infusion from parent FlipkartMyntra has been attempting to enhance its portfolio of international brands collections, with premium offerings showing fast growth. This a...
- Myntra revenue rises 45% to Rs 3,501 crore, losses widen 40%Myntra’s revenue growth rate, even though on a smaller base, surpassed parent Flipkart’s marketplace business’s revenue growth rate, which ...
- Jabong merged with Myntra, over 150 laid offJabong held a townhall on Friday to discuss the restructuring, and about 8-9% of the total workforce of about 1,500 at Myntra Jabong were l...
- Top Myntra seller’s revenue soars from Rs 1.3 crore to Rs 2.5k crore in one yearThe Flipkart-owned Myntra used to register the bulk of its sales from Vector Ecommerce, but it started reducing its dependence on the selle...
- Jabong CEO sees a 34.5% revenue growth in FY18“Growth for FY18 is estimated at 34.5% from a negative growth of 16% in FY16-17, so the effective growth for FY18 is at 50%,” Narayanan tol...
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