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Facebook's Rs 43,574 crore-investment in Jio Platforms earned accolades from industry leaders on Wednesday, even as some internet activists raised privacy concerns
Reliance Jio-Facebook $5.7 bn partnership: Mark Zuckerberg-led social media firm to get deeper access to India; deal to help reduce RIL debt burden
Facebook has bought a 9.9 percent stake in Reliance Jio in a multinational-dollar deal.
Reliance Jio-Facebook deal: Mark Zuckerberg shares 'excitement' over $5.7 bn partnership, says committed to connecting more people with Jio
The multibillion-dollar deal gives the Facebook a firm foothold in a fast-growing massive market and helps the Reliance Jio, the Indian oil-to-telecom conglomerate to significantly cut debt.
Facebook buys 9.9% stake in Reliance Jio: What does Mark Zuckerberg-led social media giant gain from it?
Facebook has bought a 9.9 percent stake in Reliance Jio for $5.7 billion (Rs 43,574 crore), the telecom unit of Reliance Industries Ltd (RIL
Reliance Jio-Facebook deal: 'Marriage of two super powers, will be a transformational partnership for India', say experts
Facebook is investing $5.7 billion in Reliance Industries Ltd's (RIL) Jio Platforms
Facebook and Jio will look to drive synergies and areas of collaboration but the mega-deal does not mean that the two sides will not compete in the market, officials said on Wednesday
Jio emerges as a leapfrogging platform in Ambani's industrial shuffle, aided by trademark financial engineering
Reliance Jio plans to offer new Bollywood releases into broadband-linked living rooms across India. Where will that leave multiplex operators?
Facebook's move to pick up about 10 percent stake in Jio Platforms will accelerate Jio's digital monetisation drive and put Reliance Industries (RIL) on course to turn net debt-free by March 2021, analysts said on Wednesday
Jio-Facebook deal looks at local level e-commerce; to cover education, health gradually: Mukesh Ambani
Reliance Jio and Facebook will look to use WhatsApp for delivering goods from local neighborhood Kirana stores to consumers before expanding collaboration in education and healthcare sector, billionaire Mukesh Ambani said soon after announcing the mega Rs 43,574 -crore deal
Shares of Reliance Industries on Wednesday jumped over 10 percent after Facebook announced an investment of $5.7 billion (Rs 43,574 crore) to buy a 10 percent stake in Jio Platforms
The investment values Jio Platforms amongst the top 5 listed companies in India by market capitalization, within just three and a half years of launch of commercial services