Reliance Industries, Facebook weigh creating a super -App




Mumbai: Mukesh Ambani-led Reliance Industries and Facebook are exploring the possibility of creating a multipurpose app, similar to Chinese super-app WeChat, by leveraging the WhatsApp platform and user base, said four people familiar with the matter. The two would bring in funding, technical knowhow and domain expertise for the project, they said.

As per the ongoing discussions, which have been delayed due to the Covid-19 pandemic, the idea is to create an app that is not just a communication platform but one where users would also be able to buy groceries through Reliance Retail stores, or shop at ajio.com, or make payments using Jio Money.

The plan is to create a super-app on the lines of WeChat, which combines digital payments, social media, gaming as well as flight and hotel bookings, among other features. Such an app would provide RIL a two-fold benefit — provide B2C engagement for its consumer businesses, and provide the group insights on users’ spending habits.

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News Source:
https://m.economictimes.com/tech/software/ril-facebook-weigh-creating-a-super-app/articleshow/75169476.cms?utm_source=whatsapp_pwa&utm_medium=social&utm_campaign=socialsharebuttons

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