Reliance to debut JioMarket for marketplace biz, starts roping in sellersThe internal work is done and the focus is on starting with a good volume of quality sellers so they are going aggressive on roping in inde...
05 Aug, 2022, 06.00 AM IST
Flipkart in talks to lead $100-million funding round in NinjacartThe Ninjacart funding will be one of the largest investment rounds by the e-commerce major in a startup as it races to expand its footprint...
13 Dec, 2021, 05.03 AM IST
FMCG firms move to ease traditional distributors' painThe development comes amid an escalating conflict with traditional distributors who have accused grocery and fast-moving consumer goods (FM...
08 Dec, 2021, 06.18 AM IST
Reliance Retail hires ex-Coca Cola India boss to strengthen F&B playFood and beverage is among the fastest-growing categories in organised retail. Krishnakumar's mandate will be to help bulk up this portfoli...
27 Sep, 2021, 10.03 AM IST
Online sales of retailers like Reliance Retail, Dmart surge 2-9 times during pandemicRetailers said the massive surge in e-commerce sales is likely to be a permanent shift for their business as they seek to expand through th...
22 Jul, 2021, 07.37 AM IST
Reliance Retail is on a "Hyper Growth Trajectory", says Mukesh Ambani“Reliance Retail continues to be amongst the fastest growing retailers in the world,” Ambani said while addressing the 44th annual general ...
24 Jun, 2021, 11.52 PM IST
Reliance plans to rope in kirana stores as franchise partners for JioMartThe kiranas will source goods from Reliance or elsewhere, said two senior industry executives aware of the plans. In the case of products o...
12 Jan, 2021, 09.59 AM IST
Jio Platforms, WhatsApp won't share user dataJio Platforms and WhatsApp will not share their user data except to the extent required to enable transactions between ecommerce platform J...
09 Oct, 2020, 11.59 AM IST
Jio deal to only involve 'limited' data sharing for ecomm transactions, Facebook tells CCICCI had approved the acquisition of a 9.99% stake in RIL-owned Jio Platforms by Facebook entity Jaadhu for ₹43,574 crore in June. The Faceb...
08 Oct, 2020, 09.43 AM IST
Two US private equity funds to invest Rs 5,5oo crore into Reliance RetailPrivate equity firm General Atlantic (GA) will invest Rs 3,675 crore to acquire a 0.84% stake in Reliance Retail, while Silver Lake will ad...
01 Oct, 2020, 07.10 AM IST
Reliance Retail is set to wage an online price war against its rivals, as festive season nearsThe deep discounting play will largely be on private and exclusive brands such as its own fashion labels, apart from electronic goods from ...
28 Sep, 2020, 05.33 PM IST
General Atlantic & TPG in talks to invest up to $1 billion each in Reliance RetailOne of them said the private equity funds are in talks to invest up to $1 billion each in the country’s largest retailer. In the past three...
26 Sep, 2020, 06.44 AM IST
Facebook set to expand WhatsApp's commerce partnerships in India, then take it globalIn April, Facebook announced investments of $ $5.7 billion in Jio Platforms Limited, part of Reliance Industries Limited, making Facebook i...
01 Aug, 2020, 07.31 AM IST
Eye on Future, RIL to buy minority stake in its FMCG businessA minority stake in the consumer goods business will give RIL greater say over pricing and discounting strategies for products sold in its ...
30 Jul, 2020, 09.32 AM IST
Flipkart to acquire Walmart India’s wholesale businessSince early this year, Flipkart has been ramping up its manufacturer engagements, and supply chain capabilities in the run-up to the launch.
24 Jul, 2020, 09.29 AM IST
To fight Amazon and Reliance JioMart, Flipkart wholesale will pick up Walmart’s best priceWalmart has long been scouting for a viable and competitive business model for the Best Price brand, which consists of 28 stores and ecomme...
24 Jul, 2020, 08.15 AM IST
Facebook buys 9.99% stake in Reliance Jio for Rs 43,574 croreFacebook will invest Rs 43,574 crore, largest FDI in India's technology sector.
23 Apr, 2020, 09.52 AM IST