MoneyWorks4Me

Reliance’s arm plans to launch e-commerce site: Report

03 Jun 2014 Evaluate

Reliance Retail (RRL), a subsidiary of Reliance Industries, is reportedly planning to go online through launching e-commerce site. The potential of e-commerce combined with the network of physical store locations will offer tremendous choice and convenience at a great value to the consumer. Currently, the company is hiring people for e-commerce.

Reliance Retail (RRL) has grown into an organisation that caters to millions of customers, thousands of farmers and vendors. Based on its core growth strategy of backward integration, RRL has made rapid progress towards building an entire value chain starting from the farmers to the end consumers.

Peers
Company Name CMP
Reliance Industries 1209.90
Indian Oil Corpn. 130.60
Bharat PetroleumCorp 297.20
HPCL 346.60
MRPL 180.75
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