Reliance Retail acquires e-furniture startup Urban Ladder; picks majority stake for e-commerce boost

Reliance Retail acquires e-furniture startup Urban Ladder; picks majority stake for e-commerce boost

The acquisition would further amplify Ambani’s e-commerce initiative that is perceived as a potent competitor to current e-commerce incumbents Jeff Bezos’ Amazon and Walmart’s Flipkart in India.
Check the source here –Source, Financial Express.

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