Reliance Retail Eyes 2x EBITDA by FY28-29 on JioMart, Dark-Store Push
Reliance Retail is scaling dark stores and online ops through JioMart, targeting a doubling of operating EBITDA by FY28-FY29. The seller base on JioMart has grown 3X YoY, as the group pursues a solo quick-commerce strategy alongside Urban Ladder's expansion within Smart Bazaar stores.
Reliance Retail plans dark store and online scaling via JioMart, targeting 2x EBITDA by FY28-29, solo quick-commerce push, and Urban Ladder expansion at Smart Bazaar.