India (Reliance Jio) = Expanding Offline Access to E-Commerce… 307MM Subscribers + ~2x in One Year… Reliance Jio Connectivity + Retail Wireless Subscribers + Offline Stores, India 500MM 12K ds an ar) us B )ho neT ue l Li B ( s r Red ( be i s r c on s ati ub c S 250MM 6K Lo l ernet i We are creating a hybrid, online-to-offline commerce platform by Int Reta integrating Reliance Retail's physical marketplace s al c with Jio's digital infrastructure & services. es i el s r hy i P This platform will bring together 350MM customer footfalls at o W Reliance Retail stores, 307MM Jio connectivity customers & i J 30MM small merchants all over India who provide the last-mile physical market connectivity. Mukesh Ambani –Chairman, Reliance, 7/18 0 0 FY17 FY18 FY19 FY = March Source: Reliance Annual Report & Shareholder Meeting (7/18) Internet Trends 62 2019
Internet Trends - Mary Meeker Page 61 Page 63