India’s Future Group Cuts eCommerce Venture, Lays Off About 400
PYMNTS
JANUARY 20, 2020
Future Group , the Indian conglomerate headquartered in Mumbai, is downsizing its eCommerce division Retail 3.0 The idea was to convert the entire offline journey of a Future Group consumer into the online world,” founder Kishore Biyani said in 2017 regarding Retail 3.0. Shares in Future Retail rose 13 percent on Nov.
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