Reliance Retail buys Urban Ladder for $24.4 million

10:35pm PST - November 14th, 2020    facebook stock - TechCrunch

Reliance Retail has acquired a majority stake in furniture and decor platform Urban Ladder, making a broader push into e-commerce as the largest retail chain in India gears up to fight Amazon and Flipkart. In a filing to the local stock exchange, Reliance Ret…