Jabong’s hires show focus on marketplace model

Jabong has hired Ranjan Kant as its chief marketplace officer, indicating the online fashion retailer’s plan to focus more on a marketplace model than on an inventory-led business as the company’s largest shareholder Global Fashion Group (GFG) pushes for profitability.

Jabong has also hired Kalyan Kumar from Lifestyle Group as its chief merchandising officer, the company said on Thursday.

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