Flipkart’s supply chain head Hemant Badri to lead quick commerce business

ETtech.com— 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...

TechCrunch—Zomato's quick commerce business now more valuable than its food delivery, says Goldman Sachs. Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank’s sum-of-the-parts analysis. The investment bank estimates Blinkit’s implied value at 119 Indian rupees per share ($1.43) or about $13 billion, while Zomato’s food […] © 2024 TechCrunch. All rights reserved. For personal use only.

CNBC—U.S. Chamber of Commerce, business groups sue FTC over ban on noncompete clauses. The U.S. Chamber of Commerce has long threatened to sue the FTC over the noncompete ban.

The Athletic—Feyenoord’s Arne Slot emerges as leading candidate in Liverpool head coach search. Feyenoord head coach Arne Slot has emerged as a leading candidate in the search for Jurgen Klopp’s successor at . The Dutchman is on the shortlist having satisfied many of the relevant criteria set out during the club’s recruitment process. Slot led Feyenoord to the KNVB Cup last weekend and The 45-year-old’s attacking brand of football appeals to Liverpool, along with his impressive track record of developing young talent. However, his appointment is not a done deal with Liverpool continuing to...