Mukesh Ambani's mega plan to take on Amazon, Flipkart

Mukesh Ambani's mega plan to take on Amazon, Flipkart

India’s richest man Mukesh Ambani on Friday said his company Reliance Industries Ltd (RIL) will roll out its e-commerce platform to as many as 1.2 million retailers and store owners in Gujarat, as part of a massive nationwide plan that analysts said could pose a challenge to Walmart Inc.-controlled Flipkart, Amazon.com Inc., and Alibaba Group Holding Ltd-funded Paytm Mall.br br “Reliance Jio and Reliance Retail will launch a unique new commerce platform to empower and enrich our 12 lakh small retailers and shopkeepers in Gujarat, which are part of the over 3 crore community in India,” Ambani said at the inaugural function of the Vibrant Gujarat Global summit in Gandhinagar.br br Gujarat will kick off the pan-India Reliance e-commerce plans, Ambani said.


User: Mint

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Uploaded: 2019-01-19

Duration: 00:55