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The plea comes at a time when the company’s Thrasio-style business model is under pressure.

Despite a higher offer, creditors chose Gautam Adani’s Adani Enterprises—setting up a courtroom fight that raises questions over the bankruptcy resolution process’s priorities.
The Indian mother and baby products retailer has been slow to grow in the two largest markets of the Gulf. What gives?
The relatively new online marketplace seems to be doubling on its UAE momentum. We take a look at what is at stake.