Mukesh Ambani, Asia’s richest man, is set to take on Amazon’s Jeff Bezos in India as the billionaire magnate launches his own rival e-commerce venture in the world’s second most populous country.

Reliance Industries, the Mumbai-headquartered conglomerate owned by Mr Ambani, is drawing up plans to roll out its online shopping services to 1.2m retail businesses in western India as competition to grab a share of India’s fast-developing e-commerce industry intensifies.

Read More .. source Telegraph

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