ADVERTISEMENT
Jefferies Values Reliance Retail At $100 Billion
Billionaire Mukesh Ambani’s retail unit is already worth $100 billion, according to Jefferies.
18 Mar 2021, 06:55 PM IST
Billionaire Mukesh Ambani’s retail unit is already worth at least $100 billion, according to Jefferies, as the Asia’s richest man continues to build a tech behemoth.Of the overall valuation of Reliance Retail Ltd., $71 billion is contributed by core retail business, $4 billion by the connectivity or Jio stores, and $19 billion comes from the new e-commerce business, Jefferies said in its report. The rest comes from cash in hand.The v...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Minimal Ad
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT