RIL to create hybrid online-to-offline retail platform: Ambani
Thursday - July 5, 2018 12:20 pm ,
Category : BUSINESS
RIL to create hybrid online-to-offline retail platform: Ambani
Mumbai July 5 (IANS) Reliance Industries (RIL) Chairman & Managing Director Mukesh D. Ambani on Thursday said the company saw its biggest growth opportunity "in creating a hybrid online-to-offline new commerce platform".
According to Ambani who was addressing the shareholders at the company s 41st Annual General Meeting (AGM) here the new commerce platform will be created through integration of its offline retail arm and online technology platform.
He further said Reliance Retail s revenue grew by 100 per cent on a year-on-year (YoY) basis Rs 69 000 crore last year.
--IANS rv/ag/vm
According to Ambani who was addressing the shareholders at the company s 41st Annual General Meeting (AGM) here the new commerce platform will be created through integration of its offline retail arm and online technology platform.
He further said Reliance Retail s revenue grew by 100 per cent on a year-on-year (YoY) basis Rs 69 000 crore last year.
--IANS rv/ag/vm