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Aarihant Aaryan

Stealth • 9m

Mukesh Ambani's Jio isn't streaming IPL for free, Infact Jio made more than 3,300 crores in revenue. Jio used a famous business strategy called as loss leader strategy Loss leader strategy is where a product is sold at a low price or for no pric

Nishant singh

Stealth • 9m

This is completely wrong data. the revenue of 3300 crores was of RIL's media and entertainment group not just only of JioCinema and also Jio Cinema has other content also apart from IPL. So saying 3300 revenue from IPL is completely wrong it would have been much lesser. And even if Jio would have earned this much still they are in loss only as JIO has too pay around 24000 crores in 5 year that means 4800 crores/year for streaming . That is why they are looking for another source of revenue. This season they have introduced a sticker package addon amd some other things also. This move is a long term vision of RIL to conquer the industry but in short term it is a loss making business for now but maybe in futue Reliance could turn it out to be a great business .

0 replies6 likes

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Tejas Mahalinga

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One of the best performing and most profitable startup in India. Revenue : 9,372 crores Profit : 5,496 crores.

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Sankalp

Stealth • 5m

This kind of short term memory loss happened to you?😭

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Sujai Shanmugam

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I recently came across a podcast where a Jio Cinema architect discussed the system design behind streaming IPL matches. She mentioned that during the peak of the IPL season, Jio consumed 90% of the internet bandwidth available in India. I’m unsure ho

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Mahendra Lochhab

Stealth • 3d

Jio financial services made a profit of ₹294.8 crore in Q3FY 25, which is 0.3% more than Q3FY24 and the company's revenue is ₹438.4 crore, which is 6% more than the revenue of ₹413.6 crore in Q3FY24.