Mukesh Ambani and India’s $700 billion ‘new commerce’ opportunity (and other top stories of the week)

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According to Mukesh Ambani, “new commerce” is a massive new business opportunity worth $700 billion. And to tap into this market, Reliance has launched JioMart with the tag line “Desh Ki Nayi Dukaan” (the country's new shop).Not only is Reliance eyeing India’s O2O opportunity, but several startups are also bullish about this space. Despite competition from the likes of RIL,…
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