Reliance launches 'Jio Mart', Amazon-Flipkart will face competition - watsupptoday.com
Reliance launches 'Jio Mart', Amazon-Flipkart will face competition
Posted 31 Dec 2019 11:24 AM

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Agencies

Reliance Retail Limited has started 'Jio Mart'.The company has also started sending invitations to Jio Telecom users for registration. The company has called Jio Mart a 'new store in the country'.

The trend of online shopping in India is growing rapidly. People are fiercely buying goods from Amazon and Flipkart. But in the year 2020, these big e-commerce companies may face challenges. This is because Reliance Retail Ltd, owned by India's richest man Mukesh Ambani, has started 'Jio Mart'. For registration in Jio Mart, the company has also started sending invitations to Jio Telecom users. The company has called Jio Mart a 'new store in the country'. It will begin with Navi Mumbai, Thane and Kalyan in Mumbai.

Reliance Retail has officially announced its launch and said that it will be expanded in the coming times. In this context, an official has said, 'We have launched Jio Mart. For this, Jio users have also been invited to register for a discount. It is currently available in three locations, but will be expanded soon. The Geo Mart app will also be launched soon. '

Earlier in the AGM held on August 12, Mukesh Ambani said that Reliance is going to change the appearance of grocery market soon. Reliance plans to create the world's largest online-to-offline e-commerce market in the country. Reliance has given it the name of New Cormus. Under Reliance's new retail plan, the high-speed digital platform will be connected to grocery stores, which can also be used to supply orders to customers.

There are about three crore grocery shopkeepers or traders in the country, who are directly or indirectly connected with the livelihood of 200 million people, and these people form the commerce eco-system of the country.

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