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Besides the expansion of physical stores, the Isha Ambani-led company is also taking a lot of steps to strengthen its digital commerce and new commerce businesses

Reliance Retail exceeds the threshold of one billion transactions in FY23 to expand its FMCG business - Reliance Retail has crossed the milestone of a billion transactions in FY23, and its registered customer base reached 249 million, stated the...

India Business News: Reliance Retail has crossed the milestone of a billion transactions in FY23 and its registered customer base reached 249 million, said the latest annu

Reliance Retail achieved a landmark of one billion transactions in FY23, with its registered user base growing to 249 million, according to the annual report of Reliance Industries. Additionally, it added 3,300 new stores in the year, taking its total count to 18,040 stores across 65.6 million sq ft. The company plans to expand its footprint into tier two and three markets, ramp up digital commerce and new commerce businesses, and deepen its warehousing and fulfilment capabilities.

In FY23 alone, it added 3,300 new stores, bringing the total count to 18,040 stores spread across 65.6 million square feet.

Reliance's initiatives in digital connectivity driving greater efficiencies in the economy: Mukesh Ambani Mukesh D. Ambani, Chairman and Managing

Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited (RIL) has said that Reliance's initiatives in digital connectivity and organised retail are driving greater efficiencies in the economy and contributing to India's ...