Reliance Retail, owned by Mukesh Ambani, is the world's second-fastest-growing retailer.
Reliance Retail has maintained its position as the world's second-fastest-growing retailer. Deloitte rates it 53rd among the Global Powers of Retailing, up from 56th previously. The corporation grew by 41.8 per cent year over year, owing largely to a 13.1% rise in the number of stores in its consumer electronics, luxury and lifestyle, and food retail chains. E-commerce is a second development engine, with both wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital commerce (B2C) and business-to-business (B2B) options. amazon also surpassed Costco to become the world's second-largest retailer.
The only company to step up the charts was amazon, which has risen every year since its debut in the tenth position in FY2015. For over 20 years, Walmart has led the world's Top 250 major sellers, followed by amazon and Costco. reliance Retail has partnered with whatsapp to help the JioMart platform's wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital shopping sector grow much faster. At the end of FY 2019, the company purchased Shri Kannan Departmental Store's 29 stores. When the sale is finalised, it would nearly double reliance Retail's storage capacity.
In 2020, reliance Retail bought Vitalic health and its online pharmacy site Netmeds in august, and a 96 per cent interest in online home decor firm UrbanLadder in November.
The only company to step up the charts was amazon, which has risen every year since its debut in the tenth position in FY2015. For over 20 years, Walmart has led the world's Top 250 major sellers, followed by amazon and Costco. reliance Retail has partnered with whatsapp to help the JioMart platform's wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital shopping sector grow much faster. At the end of FY 2019, the company purchased Shri Kannan Departmental Store's 29 stores. When the sale is finalised, it would nearly double reliance Retail's storage capacity.
In 2020, reliance Retail bought Vitalic health and its online pharmacy site Netmeds in august, and a 96 per cent interest in online home decor firm UrbanLadder in November.