Revenue Model Of Jio
Jiophone is a line of feature phones marketed by jio.
Revenue model of jio. Jio s tariff plan considering only those packs with 28 days validity begins at rs 149 and offers customers 0 3gb of 4g data. Jio s net profit almost tripled on a year on year yoy basis to rs 2 844 crore. Wireless gross addition showed a strong sequential increase to 27 2 million as lockdown restrictions began to ease during the quarter. Jio platforms is a subscription driven model and has a lot of consumer data.
Jio mart business model jiomart is an o2o online to offline grocery retailing market place. As they have no voice revenue to lose what matters to jio is the average revenue per user. Jiomart business model works on the o2o online to offline model where the customers can order online and the product is delivered from the local kirana store. Two years late on answering this question and i am afraid there are still many wrong perceptions about jio despite great facts and logic supporting many of the answers.
Where users can browse through products and place orders online and complete the transaction offline at the nearest store located in the customer s locality. Jio s disruption is the promise of free voice from which existing operators get 70 of their revenue. Reliance retail ltd s new e commerce venture jiomart is launched with the tagline desh ki dukan. Jios treating voice as data is a game changer and a paradigm shift in telecom.
Jio q2 net profit jumps three fold to rs 2 844 crore. It uses latest technology and cloud computing for delivery which decouples revenue from the number of users or. How reliance s jio mart makes money and revenue sources. Revenue zooms 33 percent image for representation.
There was a rice wholesaler in bangalore in the 70s who. Revenue increased 34 4 per cent yoy to rs 17 678 crore. The average revenue per user was up 3 per cent to rs 144. The first model released in august 2017 with public pre orders beginning 24 august 2017 was positioned as an affordable lte compatible feature phone.
Reliance jio s business model is really simple. Immediate revenue is of no concern to mukesh ambani. Revenue 21 708 crore us 3.