Page 3 - Jiomart

Online grocery to grow 8 times in 5 years in India, JioMart big gainer

As the e-commerce battle intensifies in India, with Reliance Retail's JioMart being the latest major entrant with a potential to disrupt the space, the next big thing is delivery of groceries online

Online retail majors focus on sprawling small retailer base to boost reach

Small retailers are chary about integrating digitally with larger players on grounds that it will give them access to their customer bases

Sales to normalise by Jan-end, getting orders from Jio Mart: Kishore Biyani

Future Group expects normal sales to return for its retail vertical by the end of January, almost a year after the business was severely hit by pandemic-related disruptions, Kishore Biyani said

JioMart a real juggernaut, but needs to broaden its customer base

Facing stiff competition in BigBasket and Grofers, as well as Swiggy and Zomato, thanks to its late entry

Flipkart acquires augmented reality company Scapic for undisclosed sum

With the pandemic bringing about a change in consumer behaviour and an increase in online adoption, Flipkart has been focusing on enhancing consumer experiences by strengthening tech capabilities

After telecom, Mukesh Ambani now targets online retail with a price war

Ratcheting up competition, Ambani's portals are offering blockbuster discounts of as much as 50% on sugary confections and other holiday staples like spice mixes for India's rice delicacy, biryani

Flipkart bolsters fashion portfolio, makes strategic investment in USPL

The Walmart-owned firm is exploring strategic funding in multiple online-offline retailers and technology companies quite like rivals Amazon and Reliance JioMart

RIL to go for more acquisitions to boost JioMart, take on Amazon, Flipkart

Speculation had also mounted of possible acquisitions of Urban Ladder and Milkbasket in online furniture and grocery delivery spaces respectively, though the deals haven't fructified yet

Flipkart eyes retail brands, acquires 7.8% stake in Aditya Birla Fashion

The Walmart-owned firm is in a race with rivals Amazon and Reliance's JioMart, who are also following a similar strategy

General Atlantic to invest Rs 3,675 cr into Reliance Retail for 0.84% stake

Strategic investor to be inducted later; General Atlantic becomes third PE firm to infuse funds

Ahead of the festive sale, Amazon pumps Rs 1,125 crore into its India unit

The infusion would help the e-commerce giant to take on its rivals including Walmart-owned Flipkart and Reliance's JioMart in the upcoming festive season

Prepping for the festive cheer: Amazon scales delivery network in India

Competing with Walmart-owned Flipkart and Reliance-owned Jiomart, the e-commerce major has added tens of thousands of delivery partners to serve the rising customer demand for the festive season

Reliance Industries: Retail valuations may cap near term upsides for stock

The investment for a 1.75 per cent equity stake values the retail business at Rs 4.21 trillion

Amazon to stick on as Future Enterprises' shareholder after Reliance deal

Rival Reliance Retail too will be investor in company

JioMart sees order flow at four times of pre-lockdown period for kiranas

Robust omni-channel network in the offing, says Reliance Retail's FY20 annual report

Changing times: Social puts the zing into e-commerce in tier-2, 3 cities

Investors pouring big bucks into social commerce to tap India's large lower income group market

Facebook plans to expand footprint, steps up product testing in India

Plans to export JioMart-WhatsApp model

JioMart likely to clock Rs 4,000-crore in yearly sales: IIFL Securities

While RIL Chairman Mukesh Ambani had said during the company's annual general meeting last month that orders per day were 250,000, according to IIFL, the figure is now 400,000

JioMart debuts on Apple app store, Google Play Store downloads cross 1 mn

With the launch of the app, JioMart has now enabled increased omni-platform interface bringing seamless and enhanced accessibility to consumers

JioMart app goes live on Google PlayStore and Apple App Store: Details here

JioMart services are now available through smartphone app, web portal and WhatsApp