[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 »Why is Facebook spending billions for a minority stake in Reliance Jio?
[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 »The indices spread gains as Sensex soars, 682 Nifty points above 9,150; Reliance Industries expands more than 11%
[ad_1] Stock Market Today LIVE Updates: Sensex down 219 points, Nifty falls in opening session; RIL increases 5% Washington / New York: Asian equity markets plunged on Wednesday when the floor fell below US crude prices, exposing the deep damage the coronavirus pandemic has had to global economic demand. Scary …
Read More »jio deal on facebook: Facebook buys a 9.99% stake in Reliance Jio for Rs 43,574 cr, the largest FDI in India’s tech sector
[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 »