Hi, this is Pranav in New Delhi. It’s been a busy week for us here at ETtech breaking some important stories around the quick-commerce sector. Shelf spaceOn Thursday, my colleagues Apoorva and Soumyajit wrote about how getting a spot on quick commerce platforms has become a challenge for direct-to-consumer (D2C) brands, which are coughing up 40-45% in commissions to apps such as Blinkit, Zepto and Swiggy Instamart. 109447781This is reminiscent of the early days of ecommerce boom when smaller...
Ecommerce major Flipkart’s foray into quick commerce will be led by its senior vice president and group head of supply chain, Hemant Badri.The company is aiming to launch its quick commerce offering in July, ET had reported last week. It is in the process of setting up a chain of dark stores to do the same. Badri has spent just over three years at Flipkart. Prior to that, he was at fast moving consumer goods (FMCG) major Unilever for nearly 11 years, ending his stint there as vice president of...
In this Financial Quick Hits, Kevin McDermott talks about keeping your financial information secure. He shares some recommended steps to take, including keeping the software on your devices up to date. Financial Quick Hits is sponsored by Morgan Stanley. © 2024 KOBI-TV NBC5. All rights reserved unless otherwise stated.
Startup funding in the penultimate week of April 2024 declined by nearly 27.9% from the same period a year ago, totalling $74 million across 14 deals. However, deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4 million per deal. Funding was down sequentially as well, from $103 million across 15 funding rounds in the previous week. Of the total corpus raised this week, fundraises of...
Veteran reliever Mychal Givens opted out of a minor league deal with the
In this Financial Quick Hits with Kevin McDermott he breaks down the essential steps to protect your data from cyber threats. Sponsored by Morgan Stanley © 2024 KOBI-TV NBC5. All rights reserved unless otherwise stated.
The Financial Times on Monday entered into a partnership deal with ChatGPT creator OpenAI that will integrate the news outlet’s journalism into its chatbot. The deal allows select attributed summaries, quotes and links from the FT’s reporting to appear in ChatGPT responses to relevant queries. “This is an important agreement … that recognizes the value […]
“When an investor passes on you, they will not tell you the real reason,” said Tom Blomfield, group partner at Y Combinator. “At seed stage, frankly, no one knows what’s going to fucking happen. The future is so uncertain. All they’re judging is the perceived quality of the founder. When they pass, what they’re thinking […] © 2024 TechCrunch. All rights reserved. For personal use only.
The Redstone family and independent film producer David Ellison have both
The Redstone family and independent film producer David Ellison have both
Paramount Global replaced Chief Executive Officer Bob Bakish, appointing a management committee as the board negotiates a possible change in control of the company.
OpenAI is reportedly offering news organisations as much as $5m per year to license their copyrighted content to train its AI models.