×
111
Fashion Jobs
BEELINE
Sales Director UK/Roi (f/m/d)
Permanent · LONDON
SHISEIDO
Bareminerals Account Manager - Hoopers, Wilmslow (Maternity Cover) (37.5)
Permanent · Manchester
SHISEIDO
Bareminerals Account Manager - Debenhams, Dundee (37.5)
Permanent · Dundee
SHISEIDO
Bareminerals Account Manager - Debenhams, Winchester (Maternity Cover)
Permanent · Hampshire
SHISEIDO
Account Manager - Debenhams
Permanent · BURY SAINT EDMUNDS
SHISEIDO
Shisiedo Group Fragrance Account Manager - John Lewis, Brent Cross (22.5)
Permanent · London
SHISEIDO
Training Manager - Fragrance
Permanent · London
CLAUDIE PIERLOT UK
Sales Assistant - 10h - Birmingham m/f H/F
Permanent · BIRMINGHAM
SO LABELS
Personal Assistant/Executive Assistant to Ceo
Internship · LONDON
JW ANDERSON
Finance Work Placement
Internship · LONDON
JW ANDERSON
Front of House/Administrative Work Placement
Internship · LONDON
NIKE
Nike Temporary Part Time Athlete (Sales Associate)
Fixed-term · Rotherham
ECLAT COSMETICS LTD
French Speaking E-Commerce Sales Intern
Internship · LONDON
OUKA LONDON LTD
e Commerce Internship
Internship · LONDON
UNDERGROUND
PR Showroom And Social Media Internship
Internship · LONDON
SANDRO UK
Flagship Assistant Manager - Central London m/f
Permanent · LONDON
MD-DA LTD
Sales & Marketing Assistant
Internship · LONDON
A.T. STUDIO
Photography Internship
Internship · BURNLEY
LONDON ORGANIC PR
Student Brand Ambassador
Internship · LONDON
THE POSITIVE COMPANY
e Commerce Internship (Flexible Location)
Internship · LONDON
BA&SH
Key Holder f/m - Full Time - London
Permanent · LONDON
BA&SH
Sales Assistant f/m - Full Time - London
Permanent · LONDON

India's richest man to battle Amazon, Walmart in e-commerce

By
AFP-Relaxnews
Published
Jan 18, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Asia's richest man Mukesh Ambani announced details of a new online shopping platform Friday that will see his oil-to-telecoms conglomerate take on Amazon and Walmart in India's burgeoning e-commerce market.



Ambani, the chairman of Reliance Industries, said the company's telecoms and consumer businesses planned to roll out the venture in the western state of Gujarat before expanding across India.

"Jio and Reliance Retail will launch a unique new commerce platform to empower and enrich our 12 lakh (1.2 million) small retailers and shopkeepers in Gujarat," Ambani told a summit attended by Prime Minister Narendra Modi.

Ambani, 61, has been drip-feeding his e-commerce plans for India over the past few months in announcements that are no doubt being keenly watched by US giants Amazon and Walmart.

Reliance shook up India's telecoms market in September 2016 when it launched its 4G Jio network with free voice calls for life and vastly cheaper data.

The launch sent the profits of other mobile players spiralling downwards and sparked consolidation across the industry as rivals scrambled to match Reliance's deep pockets.

Amazon and leading Indian e-tailer Flipkart, which was bought by Walmart for $16 billion last year, have been expanding aggressively to gain a bigger slice of India's growing online customers.

They have incurred huge losses along the way, however, and analysts say that Reliance's entry into the e-commerce sphere will make their jobs even harder.

India's e-commerce sales are expected to triple between now and 2022, when they are likely to pass the $100 billion mark, according to recent research by industry body NASSCOM and PricewaterhouseCoopers.

The rise is being fuelled by greater smartphone penetration, in part thanks to Jio, and a rising middle class with more disposable income.
 

Copyright © 2020 AFP-Relaxnews. All rights reserved.