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Home News Business

Tata could explode in the retail sector

Bijaya Laxmi by Bijaya Laxmi
October 1, 2020
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Tata could explode in the retail sector
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New Delhi: India’s retail sector (retail sector) is developing very fast While the whole world is watching it, the biggest companies in the world want to take part in the competition Speaking of online retail, Geomart is hitting Flipkart and Amazon acquired by Walmart. It is reported that Tata Group, one of the largest in the country, is set to enter the retail sector soon and will launch a super app by the end of this year. The investment will be for Tata Group’s proposed super app According to reports, the super app will be a joint venture between Tata Group and Walmart. The app will coordinate between Tata Group’s retail business, Flipkart and Walmart e-commerce. Mukesh Ambani has raised around Rs 1.5 lakh crore ($ 20 billion) by selling shares on the Geo platform. According to Bloomberg, Tata Group is also looking for investors for its digital platform. In that case, Walmart will invest $ 20-25 billion in the Tata Super App. This Tata app will come under Tata Sons The app is scheduled to be launched by December or January 2021.

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