JioMart is supposed to compete against giants in the online retail market such as grofers, BigBasket, Flipkart and Amazon. After it’s launch, JioMart has managed to get over 500,000 downloads from Google Play Store. JioMart is ranked third in the shopping category in Google Play Store.
In Reliance’s annual general meeting several big announcements were made including jio glass and jio 5G solutions, along with them JioMart was launched. JioMart is estimated to cross 3 billion in sales this year. It was announced last year in December 2019. The pilot program for JioMart was launched earlier this year in many cities across the nation through a website and app on Android and IOS smartphones.
This year Reliance announced a collaboration with WhatsApp, which will provide a platform for small and medium-sized businesses and stores to cater to a wide audience. This plan by Reliance was announced after facebook’s 5.7 billion investment in the jio platform. “JioMart and WhatsApp will be working closely to create growth opportunities for millions of Indian small merchants and enable customers to seamlessly transact with kirana shops,” Ambani said in the Annual general meeting.
In the meeting Reliance also revealed that the first time customers will get a complimentary face mask and sanitizer to help them fight the spread of coronavirus, It was also revealed that Reliance’s new e-commerce platform fulfills over 250,000 orders in a day. Reliance Mart will also be expanding in a category such as electronics and fashion.
Reliance’s new JioMart offers groceries and essential items at a 5% discount on the MRP. Buy this rate jio Mart is cheaper than most other e-commerce platforms Amazon, Flipkart, swiggy and Zomato who are currently the top players in the segment.
JioMart app can be downloaded from Google Play Store and app Store on android and iphone respectively. Jio Mart can also be accessed by the official website of JioMart. Register on a platform with a phone number and provide the address To shop on JioMart.