TMCnet News
JABONG MAY GO FOR PUBLIC LISTING WITHIN A YEAR(Indian Business Insight Via Acquire Media NewsEdge) Leading online fashion retailer Jabong.com is planning to go for a public listing within the next six to 12 months on a bourse in the US or Europe. The e-commerce portal started operations in 2012 and is currently valued at $450-500 million. It houses more than 1,000 brands and generates annual sales or gross merchandise value of $300 million. |