Amazing challenge before Amazon and Walmart from this announcement by Mukesh Ambani of Reliance

Amazing challenge before Amazon and Walmart from this announcement by Mukesh Ambani of Reliance
Mukesh Ambani

Mukesh Ambani chief of Reliance Industries Limited (RIL) said in a meeting of the company's AGM that such a large number of companies of the world, along with many companies of India have wished to fly. He said that the company is ready to play the next big bets online marketplace. Ambani said that RIL is working on both the online and retail plans to build a new platform.

From this, it is clear that Walmart, who has recently acquired India's online shopping company Flipkart and Amazon, plans to expand business in India, there is a challenge to both. Mukesh Ambani gave information about the company's plans to its shareholders in Thursday's meeting. The group's Reliance Retail Ltd And Reliance Jio Infocom Ltd. Will join.

RIL plans to launch hybrid online-to-offline retail. This platform will be created with the group's telecom service and 7,500 retail stores. According to the people associated with the company's plan, this is the kind of software that is available with the hardware, where anyone can buy equally, anywhere and from anywhere.


At the meeting Mukesh Ambani said that at this time Reliance is on the path to becoming a technology platform company. In this way, we are seeing the highest growth prospects in the hybrid online-to-offline commerce platform. The Reliance platform will show available options for customers at home or online or any offline stores. The company will deliver products to the customer or it will also give the option to purchase products from nearby stores.
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