Reliance Retail's LYF could be worth $1 billion in the next financial year
Advertisement
Advertisement
As per a note from CLSA, LYF, the handset brand from Other than this, Reliance Retail's strong distribution network, better brand appeals at entry level, and initial bundling of Jio's 4G services are also the reasons which could play a pivotal role in pushing LYF handset sales in the country.
Counterpoint Research says that in the first quarter since its launch, the brand has emerged as India's fifth largest smartphone player, with a 7% share in the Indian smartphone market.
Other than this, sales of LYF handset will also get a boost because of the ongoing invite-based Jio's 4G services, an offer exclusively meant for LYF buyers.
Image source
Advertisement
Advertisement
- Welcome to the white-collar recession
- Singapore Airlines was ordered to pay a couple compensation for 'mental agony' after they complained their business-class seats didn't automatically recline
- A 101-year-old woman keeps getting mistaken for a baby on flights and says it's because American Airlines' booking system can't handle her age
- “Wish to follow in the footsteps of PM Modi!” ‘Anupamaa’ star Rupali Ganguly joins BJP
- “Wish to follow in the footsteps of PM Modi!” ‘Anupamaa’ star Rupali Ganguly joins BJP
- Assassin’s Creed Mirage on iPhone 15: Killer game to debut on Pro and iPad on June 6
- 5 worst cooking oils for your health
- From fiber to protein: 10 health benefits of including lentils in your diet
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market