Reliance Retail acquires e-furniture startup Urban Ladder; picks majority stake for e-commerce boost

The acquisition would further amplify Ambani’s e-commerce initiative that is perceived as a potent competitor to current e-commerce incumbents Jeff Bezos’ Amazon and Walmart’s Flipkart in India.

from The Financial Express https://ift.tt/2UsDEKd
https://ift.tt/eA8V8J Sandeep Soni