Reliance rolls out JioMart online marketplace throughout countryLogYcode
Challenging the giants in the e-commerce market like Amazon and Flipkart, Reliance has introduced the much-anticipated JioMart in India. It is anticipated that the Covid-19 pandemic and consequent shutdown would boost demand for electronic marketplaces and the contactless distribution of goods to doorsteps.
In less than a month, Jio Platforms, Reliance Industries’ digital arm and the company that runs JioMart received Rs 78,561 crore investments from Facebook, Silver Lake, Vista, General Atlantic and KKR.
src : itln.in