Coupang doesn’t plan to enter the Indian market, the company said, refuting a local media report that claimed that the South Korean e-commerce firm had expressed interest in entering the South Asian nation. “Coupang has no plans to enter the ...
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Posted in China, Commerce, Government & Policy, india, reliance, Reliance Retail, Shein
The Shein-Reliance India alliance could offer inspiration for Chinese startups
BrightShein is partnering with Reliance to re-enter India, a strategy which, if proven viable, could set an example for startups grappling with the China backlash amid rising geopolitical tensions. The China-founded, Singapore-headquartered fast fashion giant is teaming up with Reliance ...
Posted in Commerce, india, jiomart, reliance, Reliance Retail
Reliance JioMart to cut 11,000 jobs, report says
BrightJioMart, Reliance Retail’s online shopping platform, has laid off over 1,000 employees and plans to cut as many as 9,900 more roles over the coming weeks, according to a report, as the Indian retail giant looks to improve its margins. ...