JioMart

With plans to expand to 1,150 cities and deliver groceries in just 10-30 minutes, Reliance is set to shake up the market, offering customers speed, convenience, and savings

Reliance Retail's new fast-delivery service is integrated into the JioMart mobile application under the 'hyperlocal delivery' option. The platform aims to bring delivery time down to 30 mins

May expand half hour delivery to electronics and fashion categories

Reliance's JioMart may begin offering deliveries within the next month, completing deliveries within 30 minutes

Flipkart Internet, the marketplace arm of the e-commerce giant, recently reported a 42 per cent growth in operating revenue for FY23 at Rs 14,845 crore

The Ministry of Rural Development on Friday signed a memorandum of understanding with Reliance Retail's JioMart to enhance market access for products of self-help groups under the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission. Speaking at the MoU signing event, Additional Secretary of Rural Livelihoods Charanjit Singh said this collaboration will enable self-help groups (SHGs) to be on-boarded as sellers on the e-commerce platform and take their products to a larger consumer base. Singh said that this partnership will add to efforts of the ministry towards income enhancement of SHG Didis. The mission is working to increase the income of SHGs on a sustainable basis. As part of the partnership between the ministry and JioMart, all SHG sellers associated with DAY-NRLM will also get to avail benefits and guidance in growing their businesses online. JioMart will also support them in navigating and operating their accounts on the marketplace and will jointly participate i

In contrast, Tata-owned BigBasket lost ground, seeing a 3 per cent decline in M-o-M MAU in November, and DMart Ready decreased by 2 per cent

JioMart has onboarded Reliance-owned brands including Urban Ladder, Reliance Trends, Reliance Jewels, Hamleys among others further augment the selection on the platform

JioMart has witnessed 7-time growth in monthly orders through WhatsApp compared to the same period last year, a release said on Friday outlining the success of the JioMart-Meta partnership in the domestic retail space. JioMart and WhatsApp which have marked one year of collaboration, said it has "proven to be one of the most successful partnerships in the domestic retail space". The partnership has enabled consumers to simply browse and shop for their household needs through WhatsApp chat services. "With the partnership with Meta, JioMart has witnessed 7x growth in monthly orders through WhatsApp compared to the same period last year. The user-friendly functionality of the platform has also enabled a 6X month-on-month growth in new customer conversion on JioMart-on-WhatsApp," according to the release. Last year, Jio Platforms partnered with Meta to offer JioMart-on-WhatsApp. "JioMart-on-WhatsApp experience is revolutionising the way millions of businesses across the country connec

With an end-to-end shopping experience within WhatsApp, JioMart has been able to engage consumers hesitant to shop online, according to a company statement

It includes 3 GB per day, unlimited voice, and 100 SMS per day

According to Berstein's latest report on the company, its retail business is valued at $112 billion while its O2C business is valued at $57 billion

TMS Ep445: GDP data, JioMart consolidation, new age stocks, WTO

What does GDP data tell us about the economy? What's behind Reliance Retail's JioMart consolidation? Are new age stocks a good bet post Q4 results? What is WTO? All answers here

The move is significant since most retailers mandatorily ask for a buyer's phone number as they generate the bill for their purchase

Reliance Retail has retrenched more than 700 people from its business to business vertical Jio Mart, industry sources said on Tuesday. Isha Ambani-led Reliance Retail is now integrating the Indian cash & carry business of German retailer Metro AG after completion of a Rs 2,700 crore-deal. After the acquisition, employees of Metro were transferred to Reliance Retail and there were several instances of overlapping of roles as well as functions of employees and executives, the sources said. According to the sources, more than 700 people have been laid off. Reliance Retail has also started reviewing the roles of employees from other verticals of its retail business and has put hundreds of employees on performance improvement plans, they added. Besides, the sources said the company has asked many people in the sales team to move from regular employment on a monthly salary to a commission-based model. Under such a structure, these employees would receive their emoluments based on their

Following the METRO buy, it shuts a few warehouses as part of the integration exercise

Reliance Jio launches its first JioDive VR headset called JioDive at an affordable price of Rs. 1299 to watch TATA IPL in a 360-degree view on a virtual hundred-inch screen

Now, JioMart is asking users to use WhatsApp to order groceries for a delivery time of a few hours to a day

This is about 25 per cent year-over-year growth as compared to festive sale month of CY2021

India's largest business-to-business e-commerce firm sacked 180 employees in June