Amazon - Jabong 1.2 billion deal, news awaited, still awaited

Amazon_Jabong_logoBiggest deal in E-commerce space catches the Headlines after Flipkart acquired Myntra. Amazon proposed deal to buy out Rocket internet backed, which could have been the biggest ever buyout in the E-commerce industry in India and for Amazon has been called off. The deal worth $ 1.2 billion as the valuation of Jabong.

Is $1.2 billion too less or too high or just alright or is it that the time has not come yet?

Comments are welcome….

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