{"id":3452,"date":"2020-05-24T07:37:35","date_gmt":"2020-05-24T07:37:35","guid":{"rendered":"https:\/\/aviancetechnologies.com\/blog\/blog\/indias-reliance-launches-jiomart-online-grocery-service-challenging-amazon-flipkart\/"},"modified":"2020-05-24T07:37:35","modified_gmt":"2020-05-24T07:37:35","slug":"indias-reliance-launches-jiomart-online-grocery-service-challenging-amazon-flipkart","status":"publish","type":"post","link":"https:\/\/aviancetechnologies.com\/blog\/indias-reliance-launches-jiomart-online-grocery-service-challenging-amazon-flipkart\/","title":{"rendered":"India&#8217;s Reliance launches JioMart online grocery service, challenging Amazon, Flipkart"},"content":{"rendered":"<p>\u00a0\u00a0 <\/p>\n<p>[responsivevoice_button rate=&#8221;1\u2033 pitch=&#8221;1.2\u2033 volume=&#8221;0.8\u2033 voice=&#8221;US English Female&#8221; buttontext=&#8221;Story in Audio&#8221;]<\/p>\n<h2>India&#8217;s Reliance launches JioMart online grocery service, challenging Amazon, Flipkart<\/h2>\n<p><\/p>\n<div>\n<p>NEW DELHI (Reuters) &#8211; Reliance Industries Ltd (<span id=\"\u201dsymbol_RELI.NS_0\u201d\">RELI.NS<\/span>) has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon.com\u2019s (<span id=\"\u201dsymbol_AMZN.O_1\u201d\">AMZN.O<\/span>) local unit and Walmart Inc\u2019s (<span id=\"\u201dsymbol_WMT.N_2\u201d\">WMT.N<\/span>) Flipkart in the huge Indian market. <\/p>\n<div class=\"PrimaryAsset_container\">\n<div class=\"Image_container\" tabindex=\"-1\">\n<figure class=\"Image_zoom\" style=\"padding-bottom:\">\n<div class=\"LazyImage_container LazyImage_dark\" style=\"background-image:none\"><img decoding=\"async\" src=\"http:\/\/s1.reutersmedia.net\/resources\/r\/?m=02&amp;d=20200524&amp;t=2&amp;i=1519717920&amp;r=LYNXMPEG4N052&amp;w=20\" aria-label=\"FILE PHOTO: A woman checks her mobile phone as she walks past a mobile store of Reliance Industries' Jio telecoms unit, in Mumbai, India, July 11, 2017. REUTERS\/Shailesh Andrade\"\/><\/div>\n<\/figure><figcaption>\n<p><span>FILE PHOTO: A woman checks her mobile phone as she walks past a mobile store of Reliance Industries&#8217; Jio telecoms unit, in Mumbai, India, July 11, 2017. REUTERS\/Shailesh Andrade<\/span><\/p>\n<\/figcaption><\/div>\n<\/div>\n<p>JioMart will deliver groceries in more than 200 towns across the country, Damodar Mall, chief executive of grocery retail at the Indian conglomerate, said on Twitter late on Saturday. <\/p>\n<p>Mumbai-headquartered Reliance has not announced JioMart\u2019s launch at a time it is selling $7 billion in new shares. <\/p>\n<p>Reliance launched a small pilot of JioMart deliveries in select areas of the Indian financial capital Mumbai late last month, days after announcing that Facebook Inc (<span id=\"\u201dsymbol_FB.O_3\u201d\">FB.O<\/span>) would spend $5.7 billion for 9.99 % stake in the company\u2019s digital unit, Jio Platforms. <\/p>\n<p>That partnership will help Reliance roll out service for India\u2019s grocers and small businesses by capitalising on India\u2019s 400 million-strong user base for Facebook\u2019s WhatsApp messaging service. <\/p>\n<p>JioMart, the e-commerce venture of Reliance\u2019s retail arm, offers free express grocery delivery from neighbourhood mom-and-pop stores. It will pose a formidable challenge to local rivals, which are also betting big on groceries for their growth. <\/p>\n<p>The launch comes as India is witnessing a surge in coronavirus cases. A person familiar with the matter told Reuters the product catalogue on JioMart\u2019s website will be expanded after lockdown restrictions aimed to curb the spread of the new coronavirus are eased. <\/p>\n<p>\u201cNever waste a crisis, they say!\u201d Mall said in his tweet. \u201cA wise colleague mentioned today, \u2018Alibaba also flourished starting from the SARS crisis.\u2019\u201d <\/p>\n<p>The oil-to-telecoms giant, controlled by India\u2019s richest man, Mukesh Ambani, did not immediately respond to an email seeking comment on the launch. <\/p>\n<p>Reliance is on a fundraising spree with Jio Platforms, which houses telecoms ventures Jio Infocomm, winning a massive $10 billion from investors including Facebook, KKR &amp; Co Inc (<span id=\"\u201dsymbol_KKR.N_4\u201d\">KKR.N<\/span>) and General Atlantic in a month. <\/p>\n<div class=\"Attribution_container\">\n<div class=\"Attribution_attribution\">\n<p class=\"Attribution_content\">Reporting by Sankalp Phartiyal; Editing by William Mallard<\/p>\n<\/div>\n<\/div>\n<div class=\"StandardArticleBody_trustBadgeContainer\"><span class=\"StandardArticleBody_trustBadgeTitle\">Our Standards:<\/span><span class=\"trustBadgeUrl\">The Thomson Reuters Trust Principles.<\/span><\/div>\n<\/div>\n<div class=\"post-item-metadata entry-meta\">\n<p class=\"has-background has-very-light-gray-background-color\">Disclaimer: Content may be edited for style and length.\u00a0<a class=\"newsium-categories category-color-1\" href=\"http:\/\/feeds.reuters.com\/~r\/reuters\/technologyNews\/~3\/R4w6XqGOBRU\/indias-reliance-launches-jiomart-online-grocery-service-challenging-amazon-flipkart-idUSKBN230070\" target=\"_blank\" rel=\"noopener noreferrer\">Story Source<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0\u00a0 [responsivevoice_button rate=&#8221;1\u2033 pitch=&#8221;1.2\u2033 volume=&#8221;0.8\u2033 voice=&#8221;US English Female&#8221; buttontext=&#8221;Story in Audio&#8221;] India&#8217;s Reliance launches JioMart online grocery service, challenging Amazon, Flipkart NEW DELHI (Reuters) &#8211; Reliance Industries Ltd (RELI.NS) has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon.com\u2019s (AMZN.O) local unit and &#8230; <a title=\"India&#8217;s Reliance launches JioMart online grocery service, challenging Amazon, Flipkart\" class=\"read-more\" href=\"https:\/\/aviancetechnologies.com\/blog\/indias-reliance-launches-jiomart-online-grocery-service-challenging-amazon-flipkart\/\" aria-label=\"Read more about India&#8217;s Reliance launches JioMart online grocery service, challenging Amazon, Flipkart\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":3453,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,30],"tags":[],"class_list":["post-3452","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-technology"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>India&#039;s Reliance launches JioMart online grocery service, challenging Amazon, Flipkart - Aviance Technologies<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India&#039;s Reliance launches JioMart online grocery service, challenging Amazon, Flipkart - Aviance Technologies\" \/>\n<meta property=\"og:description\" content=\"\u00a0\u00a0 [responsivevoice_button rate=&#8221;1\u2033 pitch=&#8221;1.2\u2033 volume=&#8221;0.8\u2033 voice=&#8221;US English Female&#8221; buttontext=&#8221;Story in Audio&#8221;] India&#8217;s Reliance launches JioMart online grocery service, challenging Amazon, Flipkart NEW DELHI (Reuters) &#8211; Reliance Industries Ltd (RELI.NS) has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon.com\u2019s (AMZN.O) local unit and ... 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Aviance Technologies","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"India's Reliance launches JioMart online grocery service, challenging Amazon, Flipkart - Aviance Technologies","og_description":"\u00a0\u00a0 [responsivevoice_button rate=&#8221;1\u2033 pitch=&#8221;1.2\u2033 volume=&#8221;0.8\u2033 voice=&#8221;US English Female&#8221; buttontext=&#8221;Story in Audio&#8221;] India&#8217;s Reliance launches JioMart online grocery service, challenging Amazon, Flipkart NEW DELHI (Reuters) &#8211; Reliance Industries Ltd (RELI.NS) has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon.com\u2019s (AMZN.O) local unit and ... 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