Google + Jio phone is here
Announced last year, ready in less than 12 months.
Damn, they move fast.
Jio Next Phone is very important for Jio
Most Jio customers today are on 4G, where as majority of Indian users still use old 2G feature phones
Unless Jio moves those to 4G network via a cheap 4G phone, it can kiss it's ambitions goodbye
Bunch of partnerships with
Google for 5G
Microsoft for Cloud and Data Centers
Facebook for JioMart and WhatsApp
JioFiber is now the largest fiber optic network provider in India
That was fast, Mukesh, that was fast 👏🏼
No country other than China has indigenously developed entire 5G tech stack
Not even South Korea (which uses Huawei)
Reliance put India on world 5G map. Can now sell this stack to others in the world who do not want Chinese tech and don't want to shell out big bucks to Qualcomm
Billion Units of Groceries sold by JioMart
3 Million Units per day
(Is this more than Big Basket and Gofers?)
JioMart is a platform business
Leverage existing kirana stores to onboard and brand them under a single name
It's like Oyo, but for Kirana and Grocery Stores
Tough to achieve, but with Reliance's deep pockets, it can.
Mukesh Ambani, "Reliance Retail can grow 3x in next 3 years"
Dividends and Earnings payout will keep on increasing as earnings do - Mukesh Ambani
The End
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Grab a cup of coffee, in this thread I will explain
1. What are Porter's 5 Forces? 2. How to use them while analyzing a business? 3. What information can they tell you about a business
We will be analyzing Divis Labs as an example.
Lets dive right in.
Michael Porter, is a business and economics professor at Harvard Business School. He is the author of more than 20 best sellers, all written on the topics of competitive advantage, his expertise.
He is most famous for his work on 5 force model which was first published in 1979.
Porter's 5 Force model is used to identify competitive advantages a company has amongst its peers and in an industry it operates in.
A simple 5 point analysis can help anyone determine whether a company enjoys certain advantages that its peers do not have.