Despite similar services from legacy giants on offer, the go-to shopping apps for Americans, Amazon and CrediTienda, are both examples of Mexican success and its vitality to the US Economy.
A Mexican shopping app becoming No. 1 in the US is a miracle in a country full of top-class local apps.
With a multi-billion deal with Future Retail, Reliance has challenged Amazon’s dominance in e-retail sector. In a discount war, Mukesh Ambani’s JioMart can now beat Jeff Bezos’ Amazon and establish itself as the market leader
Multi-billion dollar tech businesses, from Microsoft to Amazon, had interesting origin stories: most of them from inside a rented garage space.
A look at Elon Musk’s meteoric rise and how it compares to Jeff Bezos’ wealth accumulation.
Andy Jassy or Dave Clark? Who will lead Amazon.com, Inc. after Jeff Bezos steps down as its CEO is a speculation that has already started friendly betting pools in business circles.
After the relaxation of the lockdown norms by states triggered optimism and an early uptick in activity, the momentum has since been fading away as the US economy enters Q4 2020.
Over the last few weeks, Mukesh Ambani-led Reliance Retail has managed to attract big-ticket investments from global IT giants like Facebook and Google. It is speculated to be holding talks with Amazon and Walmart. The global IT giants’ big-ticket investments are made as Reliance is all set to capitalize on a huge un-penetrated retail market in India. Starting from Qualcomm and Intel to Google and Facebook, the Jio platform has maintained to be valued above Rs 4.5 lakh crore.
Mukesh Ambani is eyeing stakes in a host of Indian e-retailers to bolster Reliance’s retail offerings. A number of deals are in the works which, if successful, could help the company compete head-on in a fast-growing online retail market projected to be worth an estimated $170 billion by the end of the next decade.
While low wage workers suited the requirements of much of corporate America, Big Corporates and Big Tech firms generally looked the other way as Trump cracked down on low wage immigrants. The corporate honchos did not envisage that Trump would also go after high skilled Tech Workers.