Bain and Flipkart report: quick commerce made up over two-thirds of India's e-grocery orders in 2024, with GMV rising nearly five times to $6B-$7B from 2022 (Ashwin Manikandan/Reuters)

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— Former cryptocurrency firm FTX will start paying its main creditors at the end of May using a cash hoard of $11.4 billion the company has collected since its shut down.

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Bain and Flipkart report: quick commerce made up over two-thirds of India's e-grocery orders in 2024, with GMV rising nearly five times to $6B-$7B from 2022 (Ashwin Manikandan/Reuters)

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