Whoa! Mukesh Ambani to compete with Amazon, Flipkart
- IndiaGlitz, [Tuesday,October 29 2019]
Mukesh Ambani has his eyes set on making your shopping all the more cheap! Yes, the richest man of India will be launching an internet shopping giant to dominate the space. He will compete with Amazon and Flipkart to give you goods at cheaper prices.
As per media reports, Ambani is going to unveil plans to come up with a $24 billion digital-services holding company. The e-commerce giant will be huge like China's Alibaba.
The 62-year-old industrialist has resolved to make Jio debt-free very soon. Plans are afoot toward that.
A few months ago, Ambani revealed Jio Fiber's First-Day-First-Show plan. When it becomes a reality, subscribers of Jio's broadband services will be able to watch new movies on Day 1 right in their homes with their family. The plan will be rolled out from mid-2020.