[ad_1] Bangalore | New Delhi: Facebook could find itself arguing with Reliance Jio in policy debates about how data is collected, stored and shared in India, legal experts said, as the two tech giants differ markedly in their stance on these issues. The American social media company, which is paying …
Read More »
[ad_1] Facebook buying a 9.99% stake in the Reliance Jio platforms gives both companies the opportunity to break into India’s Internet domain. Reliance Retail will use WhatsApp to attract more customers to JioMart, its grocery delivery platform to start with, but there are more things that this association can facilitate. …
Read More »
[ad_1] MUMBAI / BENGALURU: In what is touted as the largest strategic investment for a minority stake by a technology company anywhere in the world, social media giant Facebook agreed to invest $ 5.7 billion or Rs 43,574 million rupees for a 9.99% stake in Mumbai Jio Platforms, a unit …
Read More »
[ad_1] As Facebook, the world’s largest social media company, invests $ 5.7 billion for a 9.99 percent stake in Reliance Jio Platforms, the deal is also seen as a powerful alliance to take on formidable players in e-commerce and space. payments like Amazon, Flipkart and Google The association is expected …
Read More »
[ad_1] Social media giant Facebook is no stranger to big acquisitions. He bought Instagram for $ 1 billion in 2012, WhatsApp for $ 19 billion in 2014, and virtual reality company Oculus VR the same year for another $ 2 billion. In all three cases, however, the common denominators were …
Read More »
[ad_1] Facebook has announced that it has invested $ 5.7 billion in Jio Platforms, part of Indian conglomerate Reliance Industries’ broader portfolio. According to a social media blog post, the main reason behind the deal that made Facebook the largest minority shareholder is to combine the powers of JioMart and …
Read More »
[ad_1] SAN FRANCISCO – Facebook on Tuesday made its largest single investment by putting $ 5.7 billion on Jio Platforms in India, a huge gamble in the developing market and a sign of how big tech companies are making progress in the pandemic. Jio Platforms is a subsidiary of Reliance …
Read More »
[ad_1] Facebook has made a big bet in India by investing $ 5.7 billion in Jio Platforms, the technology subsidiary of multinational conglomerate Reliance Industries. Jio operates various broadband platforms, mobile services, and online commerce, and Facebook’s investment gives it a stake of around 10 percent in the company, making …
Read More »
[ad_1] The main Facebook social networks will invest Rs 43,574 million in Jio Platforms, a unit of Reliance Industries, with a 9.99% stake. The investment will value Jio Platforms, a digital application platform, at Rs 4.62 lakh crore. “Reliance Industries Limited (” Reliance Industries “), Jio Platforms Limited (” Jio …
Read More »