JioMart-WhatsApp to power small merchants' growth: Mukesh Ambani


Mumbai, Jul 15 (IANS): Reliance Jio's new commerce platform JioMart and Whatsapp will be working closely to create growth opportunities for millions of Indian small merchants and kirana shops, Reliance Industries (RIL) Chairman Mukesh Ambani said on Wednesday.

Facebook-owned instant messaging platform WhatsApp, which is immensely popular in India, has been testing a payments platform in India for quite some time now.

"Over 400 million WhatsApp users in India bring unique value to our partnership," Ambani said at the company's first annual general meeting.

In India, there are more than 15 million monthly WhatsApp Business app users.

"Both Facebook and Jio share a strong vision for digitally empowering consumers as well as small businesses and entrepreneurs across India," the RIL Chairman said.

In April, Facebook had announced a $5.7 billion, or Rs 43,574 crore, investment in Jio Platforms.

RIL on Wednesday also said that that Google will invest Rs 33,737 crore in Jio Platforms for an equity stake of 7.73 per cent.

Making another major announcement, the RIL Chairman said that Jio has designed a complete 5G solution which will be available for trials as soon as spectrum is available.

 

  

Top Stories


LEAVE A COMMENT

Title : JioMart-WhatsApp to power small merchants' growth: Mukesh Ambani


 
 
 
 

 
You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.


Security Validation

Enter the characters in the image