How is Reliance Jio making products without high TC?
Jul 15, 2020
42 Comments
Jio Meet (Zoom)
Jio Glasses
Jio TV+ (combines all streaming with SSO and easy search and filter across all services, I don't know if such service even exists)
Jio Pay
Jio Mart (Amazon + Aliexpress)
Jio News
Jio Chat
Indian government also developed UPI for payment, DigiLocker (no need to carry physical documents like license, insurance, car registration - verified copy is available on the app and is equivalent to physical copy). Payment landscape is more advanced in India than the US!
RuPay (competing Mastercard and Visa)
Neither Indian government nor Jio pays high TC. The high paying TC companies like Swiggy, Zomato are struggling to profit and just have a food delivery while Jio is making products at much bigger scale!
How are they doing it?!
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Also Jio pay decently well to attract them for a good lifestyle in Mumbai, much more than service based companies.
and few more jio products:
JioSaavn (Spotify)
JioBrower
JioTV
JioCinema (Netflix)
JioCloud (Dropbox)
JioSecurity
JioHealth
JioFiber
JioHome
JioGate
JioEducationPlatform
Jio5G solution
If you remember Skype, Hangouts, even FB was consistently trash product (the app) for years when they launched and they slowly improved it.
Zoom is not launched yesterday, it is around since years. Quality will improve by time.
If you launch a polished product in your v1, you are too late to the market (unsaid SWE rule, go out and capture the market rather than waiting for polished product, the product will never be polished enough).
It will improve by time!
What does fingerprint have to do with Jio Glass, Jio Meet, RuPay, Jio Mart and ample of other products!