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Posts Tagged ‘ Vector E-Commerce Pvt. Ltd ’

Myntra clocks sales of Rs 850 crore in January

Monday, February 6, 2017 | More »

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Flipkart-owned Myntra registered sales of over Rs 850 crore ($126 million) in January, including those from its recently acquired unit Jabong, a financial daily reported on Monday. Buoyed by its ‘End of Reason Sale’, the online fashion retailer hit an annual revenue run rate of $1.6 bill...

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Myntra’s Vector E-commerce back in red as FY16 revenue rises 40%

Vector E-commerce Pvt Ltd, the biggest seller on online fashion marketplace Myntra, posted a loss of Rs 8.72 crore in FY16 after turning a profit in the last two financial years, filings with the Registrar of Companies (RoC) show. Profit after tax stood at around Rs 6.5 lakh in FY15. Revenue, howeve...

19 January, 2017 | More »

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Myntra’s cash burn higher than Jabong’s in FY15

Rocket Internet-controlled fashion e-commerce venture Jabong, which has been on the block for over a year now, was bigger as a ‘marketplace’ compared with Flipkart-owned Myntra in the year ended 31 March 2015 even as the latter burnt more money. Regulatory filings show that Myntra’...

11 July, 2016 | More »