After $16 VR Headset, India's Richest Man Launches Pocket-Friendly Alternative To Apple AirTag
Portfolio Pulse from Ananya Gairola
Reliance Jio, owned by India's richest man Mukesh Ambani, has launched JioTag, a budget-friendly alternative to Apple's AirTag. Priced at around $9, JioTag offers features such as a one-year battery life, phone ringing with a double tap, and a Community Find feature.
June 09, 2023 | 11:56 am
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Reliance Jio's JioTag, a cheaper alternative to Apple's AirTag, may impact Apple's market share in India.
Reliance Jio's JioTag is priced significantly lower than Apple's AirTag, making it an attractive option for cost-conscious consumers in India. This may lead to a decrease in Apple's market share for tracking devices in the country.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Reliance Jio's affordable VR headset, JioDive, may impact Meta Platforms' market share in India.
Reliance Jio's JioDive VR headset is priced significantly lower than Meta Platforms' Quest 3, making it an attractive option for cost-conscious consumers in India. This may lead to a decrease in Meta Platforms' market share for VR headsets in the country.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50