'Future Working on Ecosystem with Payment Wallet, Insurance'

Thursday 27th September, 2018

Article Details
Publication  The Economic Times
Source  Bureau
CCM  10.19
Edition  Hyderabad
Supplement   NA
MAV  17,119
Language  English
Page  8
Circulation  26,000

  • View Image
  • View PDF

'Future Working on Ecosystem with Payment Wallet, Insurance*
: The Future Croup is bui Iding an ecosystem of consumption by bringing in new verticals of business such as insurance and payment wallet, chief executive Kishore Biyani said at a conference. Moving forward, offline and online would become phyg-ital, or a blended experience, the pioneer of organised retailing in India said. "The'world is moving into new ways of doing businesses. Ecosystems of consumption have been formed. There are 4-5 ecosystems formed by Amazon, Alibaba andTencent in America and China," Biyani said at the conference, organised by the All India Management Association in New Delhi on Wednesday. "We are buildingour own ecosystem with payments, wallet and insurance." - Our Bureau