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The transaction was letter a win-win situation for both the parties as it benefitted both the companies equally.
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Strategic and exclusive tie-ups with manufacturers such every bit motorola, samsung, lenovo etc and different other manufacturers of goods sold via flipkart, lenders so much as icici, defrayal companies such every bit visa and euronet, subsidiaries such every bit myntra, jabong, ekart are the separate major business partners of flipkart.
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Which is a win-win situation for Flipkart and Myntra?
Flipkart saw the potential in entering into the online fashion industry while Myntra saw the possible benefits which could be gained through the access to Flipkart’s logistic network. The transaction was a win-win situation for both the parties as it benefitted both the companies equally.
Why did Flipkart want to diversify its business?
Flipkart had the plans to diversify its business into the fashion industry since diversification is key in achieving consistent long term growth and profitability. Diversification is crucial for companies who have their presence in mature industries where future growth is possible.
Which is the largest brand of Flipkart in India?
According to Pandey (2017), Flipkart offers numerous strong house brands. The "smart buy umbrella" contains thirteen brands that belong to Flipkart that include laptops, USBs and tablets. Furthermore, the organisation is India's largest e-retailers, having grown both organically or through acquisitions (Chauhan, 2015).
Last Update: Oct 2021
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