Reliance Retail, the retail arm of Reliance Industries, has forayed into quick commerce focusing on 30-minute deliveries across its network. The retail giant has operationalised over 600 dark stores pan-India during the last two quarters. It plans to add more stores to increase its coverage of less than 30-minute deliveries. Advertisement
During RIL's Q1 earnings call, Reliance Retail CFO Dinesh Taluja said JioMart was better placed with an extensive physical store network and dark stores being set up in select locations.
The unlisted firm is now focusing on quick hyper-local deliveries across its network in India, in which JioMart logged a 42 per cent Q-o-Q growth and 200 per cent-plus Y-o-Y growth in average daily orders.
Its digital commerce arm Jio Mart is competing with quick com