India's commerce minister says that Shein will operate in India purely as a tech partner, with Reliance Retail having full ownership and control of operations
Manish Singh / TechCrunch :
Reliance Retail says it has acquired a controlling stake in Indian search and discovery company Just Dial for $469M
Reliance Retail said on Friday it has acquired a controlling stake in 25-year-old Indian search and discovery firm Just Dial for $469 million.
Amazon has filed a legal notice against Future Group, India's second largest retail chain, for selling a large portion of its business to Reliance Retail
Manish Singh / TechCrunch :
Reliance Retail, India's largest retail chain, has acquired a 60% stake in online pharmacy Netmeds' parent firm Vitalic for about $83.2M
Manish Singh / TechCrunch :
Sources: as JioMart gains steam in India, Amazon is in talks to buy a 9.9% stake in its parent Reliance Retail
Sources: Amazon is in talks to buy a 9.9% stake in Reliance Retail, for a preferred, strategic stake in its e-commerce venture JioMart
JioMart, the e-commerce venture of Reliance's retail arm, was launched in May and poses a formidable challenge to Amazon's local unit and Walmart's Flipkart.
The owner of Reliance Retail, India's biggest retailer, and Jio, a disruptive telecom, announces an online retail platform to compete with Flipkart and Amazon
Manish Singh / VentureBeat :
The owner of Reliance Retail, India's biggest retailer, and Jio, a disruptive telecom, announces an online retail platform to compete with Flipkart and Amazon
As Amazon and Walmart-owned Flipkart scramble for ways to work around the impending new strict ecommerce policy in India …