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Jabong to be a marketplace with 3 new sellers; ready for Snapdeal takeover
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HOME » IN THE NEWS • JABONG •MARKETPLACE WATCH » JABONG TO BE A MARKETPLACE WITH 3 NEW SELLERS; READY FOR SNAPDEAL TAKEOVER
Jabong to be a marketplace with 3 new sellers; ready for Snapdeal takeover
Leading online fashion retailers Jabong is planning to migrate to the marketplace model in the light of the recent DIPP rules (a single seller cannot sell more than 25% of the marketplaces’ total sales). A reliable source has confirmed that the company’s plans are an attempt to be legally compliant to enable a merger with Snapdeal. According to the source,
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