Reliance says JioMart now operates in more than 1,000 cities across 5,000 pin code areas, serviced by over 3,000 stores. The company reported 5.8 million new customers — up 120% quarter-on-quarter — ...
With over 1.6 Mn daily orders, Reliance JioMart is said to be close on the heels of Blinkit and has surpassed Instamart and Zepto in terms of quick commerce volumes By repurposing its vast retail ...
New Delhi: Close on the heels of Bharti Enterprises and Wal-Mart announcing their joint venture for wholesale cash and carry business, Mukesh Ambani-promoted Reliance Retail is entering the same ...
Reliance, Reliance Jio and Reliance Retail may have a strong hold on many sectors and segments, but quick commerce is a success that has eluded Reliance JioMart so far. All that could change this year ...
Ebitda margins of Avenue Supermarts fell 100 basis points year-on-year to 6.4% in Q4, its lowest in five quarters. In contrast, Reliance Retail's Q4 Ebitda margins were within the 8.2-8.5% band it has ...
The first store, which was opened in the state of Haryana, will carry around 10,000 lines. Reliance first indicated plans to open the mini-mart outlets in December Raghu Pillai, president and CEO for ...
Reliance is finalising its plans to launch the smaller stores in India’s second-tier cities, a source close to the company told just-food today (5 December). The source said Reliance is still carrying ...
JioMart, Reliance Retail’s online shopping platform, has laid off over 1,000 employees and plans to cut as many as 9,900 more roles over the coming weeks, according to a report, as the Indian retail ...
CLSA maintains an outperform rating on Reliance Industries, citing improved confidence in its new ventures. HSBC has a reduce rating on Avenue Supermart, noting its pricing advantage is not ...