Industry Experts believe that Jio Super App will help Reliance Jio reach the “top position”. It is expected to achieve success than other similar apps like Snapdeal, Paytm, Freecharge, Flipkart and Hike couldn’t.
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, is preparing to launch the world’s largest online-to-offline e-commerce platform. E-commerce companies like Amazon and Wal-Mart-Flipkart may get trouble after launching of this app. According to reports, Reliance Jio is working on a new “Super App”. More than 100 services will be provided to customers through this super app.
Jio added more than 30 million subscribers in the last 30 months after the launch. There has been a tremendous increase in internet usage after Jio launched its telecommunication services.
According to experts, if the “Super App” launches at this time, then Reliance will be in a better position than other companies. Jio’s huge customer base, making it stronger. One by one strategic acquisition and investment by Reliance has helped to keep its hold on the market. Reliance Jio’s “Super App” allows e-commerce, online booking and payments all in one place.
Jio Super app features
The e-commerce market with $24 billion (according to a joint report of Deloitte India and Retail Association of India) in 2017 will touch the figure of 84 billion dollars in 2021. With the entry of Reliance e-commerce, the e-commerce sector can also get a huge lift in the telecom market. Renowned companies may lose their market positions.
According to Mukesh Ambani, this new e-commerce platform will change the lives of nearly three crore traders across the country. The technology will enable traders and small businessmen to do all those big e-commerce firms are doing.
Ambani had said in “Make in Odisha Conclave” in November last year that “Reliance is working on making the world’s largest online-to-offline New e-Commerce platform.”
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