Individual work speaking tasks e-commerce Task 1: Prepare a ppt presentation using the material given below or materials from additional sources

9. Reliance Industries

The Indian ecommerce market is predicted to grow from $38.5 billion to a whopping $200 billion industry in 2026. In the last quarter of 2020 alone, the country’s ecommerce order volume jumped to 36%. Given its $50 billion turnover in 2020, India was recognized as one of the world’s largest markets for ecommerce. By 2030, it’s expected that the country’s ecommerce market will grow to a USD 350 billion industry. This growth is attributed to the rise of internet and smartphone penetration in the country.
With that in mind, many big-name retailers, such as Amazon and Walmart, are scrambling to gain access to India’s ecommerce market. India’s homegrown Reliance Industries Limited (RIL) has jumped on this opportunity and has launched its own digital commerce initiative called JioMart under its subsidiaries, Reliance Retail and Reliance Jio.
RIL’s Reliance Retail is India’s largest retailer, based on revenue and number of stores. The launch of its ecommerce platform, along with its merchant partnerships, made up 10% of its parent company’s total revenue in the 2021 fiscal year. 

10. Meituan Dianping

Meituan, formerly Meituan- Dianping, currently has a reported market cap of $176.66 billion and a 2021 revenue of $17.68 billion, making it one of the world’s largest ecommerce companies. The ecommerce platform is known as China’s “Amazon of Services” and offers a variety of services that resemble different ecommerce platforms like Yelp, Booking.com, and Grubhub. 
Through the app, users can do practically everything, from searching for products available in physical retail locations to purchasing tickets, making it a “one-stop shop” app. 

In 2020, MD had a market cap of more than $60 billion and experienced significant increases in its gross transaction volume (44%), annual active merchants (32%), and annual transacting users (29%). 

In the 2nd quarter of 2021, the company cemented its reputation as China’s leading ecommerce platform for services. This is due in part to its 77% increase in revenue for the said period. For the 3rd quarter of 2021, the company’s total revenues increased by 37.9%, bringing it to RMB 48.8 billion from RMB 35.4 billion in 2020. 
Certain segments, particularly its food delivery and in-store, hotel, and travel segments, enjoyed significant growth, with a total aggregate profit of RMB 4.7 billion. In addition to these, Meituan’s new initiative and other segments also experienced a 66.7% YoY increase.