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Reliance Officially Announces E-commerce Venture, Will Take On Flipkart And Amazon
It had been rumoured for months now, but it’s finally been confirmed — Reliance is entering India’s e-commerce’s crowded field, and will take Amazon and Flipkart head on. “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,” Reliance CEO Mukesh Ambani announced at the Vibrant Gujarat event today. This...