MoneyWorks4Me

RIL’s retail arm to roll out e-commerce marketplace

15 Jun 2015 Evaluate

Reliance Industries’ (RIL) subsidiary -- Reliance Retail -- is in the process of rolling out an e-commerce marketplace that will provide a platform to small retailers to sell products online. This platform will provide millions of small retailers with an enhanced supplier base and product range, digital payment capability and supply chain management.

The company is also aggressively pursuing e-commerce route for its existing revenue earners – fashion and lifestyle, grocery and the B2B vertical.

Peers
Company Name CMP
Reliance Industries 1206.65
Indian Oil Corpn. 130.50
Bharat PetroleumCorp 297.00
HPCL 343.05
MRPL 182.85
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