Asia’s Richest Man Unveils Online Store in Challenge to Amazon

Asia’s Richest Man Unveils Online Store in Challenge to Amazon

Assessment

Interactive Video

Business, Information Technology (IT), Architecture, Social Studies

University

Hard

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The video discusses a pilot project by Reliance in Mumbai, testing a new grocery delivery model that integrates local kirana stores. Unlike Amazon, this model aims to reduce delivery times by using neighborhood stores. The project is a strategic move by Mukesh Ambani to transform Reliance from an oil and gas company to a retail giant, potentially increasing his wealth significantly.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of including mom and pop stores in the new retail model?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways is Mukesh Ambani's vision for Reliance evolving?

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