Jio Mart clocks 1 Million Downloads within a week
Yash Sapra, INN/Delhi, @infodeaofficial
As we all know that Mr. Mukesh Ambani has been rated as the world’s richest person resulting in which there has been a drastic increase in the market share value of Reliance Industries and indeed it is exceeding and soon will be listed in the top 10 corporates of the world. Today Reliance is trying its best to get into each and every field of the business. Through the recent reports, it came out that the grocery delivery app Jio Mart, Which recently made its debut on Android and Apple digital distribution platform, Has already crossed 1 million downloads on Google Play Store. The company is currently in 3rd position in the shopping category, which is just below Amazon and Flipkart respectively. Jio Mart had crossed the 100K downloads, Mark, within a day of its launch on the Google Play Store on July 19, 2020. Even though hitting the 1 million mark in the first week is commendable, it is comparatively weaker than Reliance’s last offering, Jio Meet. The video conferencing tool had crossed 500K users on the first day itself. However, Reliance Industries and its Digital venture Jio Platform have a lot of support from Jio Mart.
Speaking at Reliance’s 43rd Annual General Meeting (AGM) chairperson and managing director Mukesh Ambani had announced The duo Mart will soon expand its offering from groceries to include all possible products like electronic, fashion, Pharmaceuticals, and health care items. With such expansion, the company could easily compete against Amazon and Flipkart that have marked its presence as a one-stop-shop for everything except medicine. For the E- pharmacy venture, Jio Mart will be competing against 1MG, Practo, pharm Easy, and others. Netmeds too is one of the computers but several media reports have suggested that Reliance may be looking to acquire the company. Reliance Jio has successfully plotted the beta version of Jio Mart grocery in 200 cities, Delivering close to 2.5 lakh orders daily. Isha Ambani, during the AGM also announced that Jio Mart has enabled the Kirana partners to deliver their offering despite the COVID-19 pandemic and result in a lockdown. it has also enabled a multipurpose point of POS service to enable smooth transactions between stores and their customers.
Jio Mart started its operations in December 2019 from Navi Mumbai, Kalyan, and Thane in Mumbai but was expanded to 200 cities in May. The platform is currently dealing with fruits and vegetables, dairy and Bakery, staples, snacks, and branded food, personal care products, home care, and baby care products.