Reliance Retail, Jio likely to claim lion's share of India's e-commerce marketplace in long term: Berstein
New Delhi [India], May 25 (ANI): Reliance Retail and Jio are best-positioned players in the largest and fastest-growing e-commerce market in the long term, according to brokerage Berstein.
In a report 'The Long View: India eCommerce - A 150 bn dollar market. Three players. One Disruptive Playbook', the brokerage said that Reliance Retail and Jio have several advantages including "home field advantage".
"We believe Relianc