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ALL DEALS March 11, 2016 Jabong’s hires show focus on marketplace model
By: sristy SahaGurgaon-based Jabong, owned by GFG, largely runs on an inventory-led model—the company buys the stock before selling. A marketplace model is one where a firm connects customers to third-party sellers on its platform and is thus less capital-intensive. Jabong has hired Ranjan Kant as its chief marketplace officer, indicating the online fashion retailer’s plan to […]
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