It seems Flipkart owned online fashion retail outlet Myntra is on an acquisition spree, in a bid to curb all competition and become the sole leader in the market. We saw the eCommerce giant acquire Jabong last month USD 70 million.It hasn't been a whole month since then and Myntra is yet again in news for buying out majority stakes in Hrithik Roshan and Exceed Entertainment owned active lifestyle brand HRX.
Myntra Goes Bollywood: Acquires 51% Stake In Hrithik Roshan's HRX
Mitesh's Project Study.docx
Myntra buys majority stake in Hrithik Roshan's fashion brand HRX
Myntra acquires Pretr to scale omnichannel capabilities
Myntra's Jabong Buy May've Nullified Competition, But What About Profits? - Forbes India
Myntra bets to acquire Hrithik Roshan's HRX - Brand License
Flipkart owned Myntra acquires majority stake in Hrithik Roshan’s brand HRX
Hrithik Roshan launches his own casual wear brand HRx - The Economic Times
Blog A New Level Of Partnership Between Myntra And Hrithik's HRX
Myntra Subsidiaries And Acquisitions