Hamleys gives Reliance Retail a global footprint which the company currently lacks. Despite its huge sales network in India, Reliance Retail so far has no overseas presence.Ambani is clearly in a hurry and he has the right reason to be so. The Reliance e-commerce platform would enable small merchants to “do everything that large enterprises and large e-commerce players are able to do,” Ambani said. Grab a Grub will help Reliance deliver food, groceries and other merchandise using bikes as a delivery method in a hyper-local approach. That approach led many rivals to retreat, including brother Anil’s Reliance Communications.“With its own telecom network, Reliance in India can go way beyond Amazon and Flipkart,” Technopak’s Singhal said.

Source: Economic Times May 10, 2019 07:33 UTC