
- The web portal JioMart will initially cater to online shoppers in Mumbai suburban areas including Navi Mumbai, Thane and Kalyan with the tagline “India ki nayi dukaan”.
- It is Reliance Retail's initiative to connect offline to online and link producers, traders, brands and consumers through technology.
- The company is signing up local merchants to offer them an online-to-offline (O2O) marketplace.
- When a consumer searches for the product in an O2O model, he or she buys it from a physical store.
- In January 2019, Reliance Industries chairman Mukesh Ambani announced that group companies Reliance Retail and Jio would jointly launch a new ecommerce platform in the country.
Question:
Q.1 What is the name of the new commerce venture started by Reliance Retail Ltd for online food and grocery shopping?a. Reliance Groceries
b. JioFood
c. JioMart
d. Reliance Mart