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Jabong sell-off will help us move towards profitability, says parent GFG

Tuesday, July 26, 2016 | More »

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A realisation that it will have to pump in huge amount of capital to stay in the game and a determination to get rid of its highest loss-making subsidiary led Rocket Internet-controlled Global Fashion Group (GFG) to sell off its wholly-owned subsidiary, the Indian online fashion seller Jabong at a p...