Reliance’s JioMart crosses 50 lakh downloads on Google Play Store; sees this much weekly installs

Mukesh Ambani’s grocery venture JioMart has crossed a whopping 50 lakh-download mark on the Google Play Store in around six weeks after launch. The app, which was released on the Play Store on July 16, 2020, and hit over 10 lakh downloads within around five days, is witnessing 7-8 lakh downloads per week on an average. JioMart primarily competes with Chinese e-commerce company Alibaba-backed BigBasket and Japanese startup backer SoftBank-funded Grofers. While both have over 1 crore downloads on Play Store, BigBasket was released in May 2013 and Grofers in December 2014. JioMart was rated 4.7 stars in comparison to 4.2-star rating for BigBasket and 4.1 for Grofers. Amazon Pantry and Flipkart Supermart have also been active in the online grocery segment in India that is likely to grow at 60 per cent CAGR from around $2.1 billion in gross GMV in 2019 to $8.7 billion in 2022.