Tesco in race to become digital
Some well-known IT companies and organizations in the world are interested to enter into digital technologies to increase their business transactions to their advantage. In Current market, the number of users are increasing day by day in digital market. These organizations understand that, there are many important opportunities to seize. Tesco is one among these companies to start weaving digital technologies.
Tesco is multinational grocery and general merchandise retailer and after Walmart, it is the second-largest retailer in the world based on revenues and profits. Apart from this, Tesco offers financial services through Tesco Bank by collaborating with Royal Bank of Scotland as a joint venture. Tesco also operates photo processing, petrol stations, Beauty salon, Gold exchange, Film making and Telecom services.
Tesco now offers movie streaming, e-books and In September 2013, Tesco has launched its own 7-inch tablet named Hudl with attractable price of $91. In April 2014, it was announced that Tesco had sold 500,000 Hudl tablets since launch, and a new model was planned. In May 2014, Tesco, the popular grocery retailer company has announced they plan on entering the smartphone market. The company intends to follow up the success of its Hudl Tablet sales with the release of a smartphone they claim will be comparable to the Samsung Galaxy smart phones. More than 20 percent of Tesco’s online sales now come through smartphones and nearly 10 percent orders come through via mobile website.
Tesco in race to become digital Reviewed by Praveen P on Friday, June 27, 2014 Rating: