After giving breakthrough experience to the mobile user with Jio 4G Data Speed, Reliance is now ready to launch its e-commerce app, very soon. The company is now about to launch its e-commerce venture. As per the rumor in the market, it is believed that the grocery app would be available to the public by this year-end.

The two things that RIL will benefit from the two basic things. First,

with neighborhood stores, supermarkets, hypermarkets, and wholesale, stores e-commerce experience will be an added advantage. Second, RIL is planning to local merchants by boosting their sales through with online-to-offline (O2O)marketplace. The O2O business model was started by the Chinese e-commerce Alibaba.

This speculation had already moved the RIL shares as the stock price rose 1.38% to ₹1,363.30 on Tuesday, 23 April at the BSE. On the contrary, the benchmark Index, Sensex went down by 0.21% and closed at 38,564.88 points.