From Jio Glass To 5G Network, Reliance’s New Announcements Hint At Its Ambition To Dominate Everything Digital

When Mukesh Ambani—the world’s sixth-richest person—and chairman and managing director of India’s largest conglomerate, Reliance, made a slew of big announcements during the company’s 43rd annual general meeting (AGM) on Wednesday, his message was clear: Reliance would dominate everything digital, including 5G, smartphones, mobile operating systems, e-commerce, online services, cloud, and even cutting-edge technologies.

According to Sanchit Vir Gogia, founder and chief executive, technology research and advisory firm Greyhound Research, Google’s investment in Jio is a game-changer for both the companies on many layers spanning devices, search, apps, and commerce.

“Google had launched AndroidOne, a light-weight OS, a few years ago that had failed to deliver. Jio’s reach can plug those gaps,” he said.

Gogia believes, with the myriad of apps owned by Google, coupled with Jio’s presence across telecommunication and retail, the Jio-Google combo would have “a much greater ability to win and own market share across consumers types and network of retailers.”

“For instance, Google maps can be significantly leveraged to improve last-mile delivery which can be a significant differentiator in the e-commerce segment,” he said, adding, this is “a marriage of equals and hence entails massive possibilities.”

It is to be noted that the global tech giant Google and  Facebook, which are now Jio Platforms’ backer, and Microsoft, which has a long-term partnership with Reliance Jio, compete on many fronts including video-conferencing, in which Reliance recently made an official entry with JioMeet.

“All these companies will need to tread rather carefully,” said Gogia.“Given all these players are also the market leaders, they can potentially and collectively dominate the digital market which can mean a certain section of the population, rightfully, having concerns with data collection and monetization practices.”

“This is an area that will need much focus and effort on Jio’s part to ensure it can deal with such concerns,” he added.

[KrAsia]


P.S.: For more information on the recent investments, value that each investor brings to Jio Platforms, engagement with Microsoft, impact on Bharti Airtel, and the challenges the company can expect, read this research report by Greyhound Research.


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<strong>Analyst: Sanchit Vir Gogia</strong>
Analyst: Sanchit Vir Gogia

Sanchit is the Chief Analyst, Founder & CEO of Greyhound Research, a Global, Award-Winning, Digital & Technology Research & Advisory firm.

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