Question: Which company is the top retailer in India?
(a) Walmart
(b) Kishore Biyani’s Future Group
(c) Amazon
(d) Tata Group
Answer: (a)
Related facts:
(a) Walmart
(b) Kishore Biyani’s Future Group
(c) Amazon
(d) Tata Group
Answer: (a)
Related facts:
- On 3rd August, 2019, US retail giant Walmart has been figured India’s top retailer, according to a study by Euromonitor International tracking Asia’s largest retailers.
- Walmart topped the rankings in India for 2018, after it acquired internet retailer Flipkart last year in a $16 billion deal.
- Walmart is followed by another US giant—online retailer Amazon—that according to the report titled Top 100 Retailers in Asia 2019 is India’s second-largest retailer.
- Kishore Biyani’s Future Group ranked third, followed by Reliance Group that has formats across electronics, apparel, and grocery retail, among others.
- Tata Group that runs formats such as Westside, and Croma, among others, ranked fifth. These retailers saw no change in their rankings in 2018.
- Across Asia, China’s Alibaba Group Holding Ltd, owned by Chinese billionaire Jack Ma topped the rankings, followed by JD.com Inc, and Japan’s Seven and Seven & I Holdings Co Ltd that owns the popular 7-Eleven convenience stores.
Links:
https://go.euromonitor.com/white-paper-retailing-2019-top_100_retailers_in_asia.html