Asia’s Richest Man Outlines His Plan to Take on Amazon in India
Mukesh Ambani Urges PM Modi to Take Steps Against 'Data Colonisation' - The Wire
“Jio and Reliance Retail will launch a unique new commerce platform to empower and enrich our 12 lakh small retailers and shopkeepers in Gujarat,” the Reliance chairman said at an event in the state on Friday. Twelve lakh is equivalent to 1.2 million.
As the initiative expands, Reliance Industries will look to enlist more neighborhood mom-and-pop shops -- which make up about 90 percent of India’s retail landscape -- as distribution and delivery centers for some products that will be available on its mobile platform, the people said. The company’s wholesale stores will help stock these mom-and-pop operations, they said.
Reliance then plans to launch an e-commerce platform more directly tied to its Reliance Retail stores and to the neighborhood stores, according to the people.
Mukesh Ambani Urges PM Modi to Take Steps Against 'Data Colonisation' - The Wire