Ambaniowned

Apple launched its first official retail store in India last week in Ambani-owned mall for which the tech giant got an exclusive deal. Apple CEO Tim Cook inaugurated the Apple BKC after meeting Mukesh Ambani’s son Akash Ambani at their Rs 15,000 residence in Mumbai. The company is paying Rs 42 lakh rent along with some revenue share for the massive store in Jio World Mall. Apart from this, the tech giant managed to get an exclusivity zone in the mall where 22 competing brands including Amazon, Facebook, Google, LG,…

Apple iPhone, AirPods, iPads and other Apple devices will soon be sold in India at the brand’s first retail store that will be opening soon at Reliance Jio World Drive mall in Mumbai. The launch of Apple’s first official store is long awaited and to make the best out of it, the tech giant has reportedly leased an ‘exclusive zone’ in the Ambani-owned mall. According to a report by the Economic Times, Apple’s lease agreement bars 22 competing brands including Amazon, Facebook, Google, LG, Microsoft, Sony, and others from…