Reliance Jio has already made turmoil in the telecom industry. Now its users are in crores with cheap plans and free data. According to the Economic Times report, Reliance Jio is now preparing to enter E-Commerce Segment. Although still there is Reliance Jio’s e-commerce website and apps, but it will be different from them.
According to reports, the name of this service will be grocery and for this, the project has already started in Mumbai, Chennai, and Ahmedabad. Therefore it is possible to declare early next year. This service will not be completely online, but it is being told that it will be online-to-offline space. Initially, a digital coupon may be required to buy daily use stuff from the store. Through this, you will be able to buy from nearby grocery stores.
Significantly, Reliance Industries Limited already sells daily usage goods through the Reliance Fresh Retail chain across the country. But starting a grocery store will be a big step.
According to the report of ET, sources have said that the company is working with grocery stores and likewise a shopping model will be prepared which can be purchased using the Jio Money Platform and Digital Coupons. It is being said that there will also be service of text messages for purchasing.
Finally, Amazon India got Central Government approval for retail food products in India, which could potentially make e-commerce giants to develop fully developed food retail business and sell food products through its wholly-owned entity in India.
The huge Flipkart of the Indian e-commerce has again entered the grocery place, it launches in the initial set of Bangalore customers on its mobile app under the supermarket. However, Flipkart had forced off its grocery app in February 2016, only five months after the launch of the service test.
Quoting the demand of the poor, Paytm, stopped its grocery service in 2015.