MUMBAI -- Reliance Industries plans tie-ups with small retailers to create a last-mile network for its e-commerce business, as company chairman and India's richest man Mukesh Ambani prepares to take on Amazon and the Flipkart-Walmart team.
The Indian conglomerate runs a chain of Reliance Retail stores and enjoys a small presence in fashion retail through its Ajio brand. But Ambani looks to create a hybrid model that brings under one platform Reliance Retail's 350 million customers as well as the 215 million users of Reliance Jio Infocomm's mobile services and the 50 million targeted customers of new fixed-line broadband service Jio GigaFiber.
