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Jio is one of the most innovative internet companies based outside the US, it added.
“At 3.8 billion, the number of Internet users comprises more than half the world’s population,” it said, adding China has the largest base, accounting for 21 per cent of all internet users globally. The US has 8 per cent of global internet users.
Global internet user growth is solid but slowing, it said. The growth was 6 per cent in 2018, down from 7 per cent in the previous year.
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“We are creating a hybrid, online-to-offline commerce platform by integrating Reliance Retail’s physical marketplace with Jio’s digital infrastructure & services,” it quoted Reliance Industries Chairman Mukesh Ambani as saying. “This platform will bring together 350 million customer footfalls at Reliance Retail stores, 307 million Jio connectivity customers & 30 million small merchants all over India who provide the last-mile physical market connectivity.”
Jio’s free voice call and cheap data plans have helped grow data usage by two-fold in one year.
The report put internet regulations in India at moderate.
According to the report, annual data usage of Jio network was between 17-18 exabytes (17-18 billion GB) in 2018, which is almost two times growth from 9 exabytes data usage in FY 2017. Further, the number of Reliance offline retail stores are reported to be about 11,000.