Reliance-Future Retail deal may not impact revenue market share

Reliance Retail, despite the pandemic, hit revenues of Rs 157,629 crore in FY21. The Future group's revenues are merely 7 per cent of this, compared to around 18 per cent in FY20

Expert opinion is divided on whether the Future group’s assets will make a big difference to Reliance Retail’s strategy to gain market share in the $91 billion organised modern retail market which includes e-commerce and physical retail or whether it’s more of a prestige battle between Mukesh Ambani and Jeff Bezos for control of a company?
 
Many say that, based on revenue numbers, the Future group does not make much difference to Reliance’s revenue market share at all. Reliance Retail, despite the pandemic, hit revenues of Rs 157,629 crore in FY21. The Future group’s revenues are merely 7 per