06 August 2026
06 August 2026
The dispute centres on Perplexity’s Comet browser, whose AI assistant allows users to carry out tasks, including shopping on Amazon.
For the three months to 27 June 2026, the group recorded revenue of $769m, a drop of 3.5% on a reported basis and 4.1% at constant currency.
The deal aims to support Reliance Retail’s AI-first strategy for personalised shopping and discovery.
Overstock, stockouts and returns quietly drive retail inventory distortion, eroding profits and customer satisfaction.
GMV for the three months to 30 June 2026 rose 20.7% on a reported basis to €4.91bn while net income declined to €73.8m from €96.6m a year earlier.
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