India's largest telecom company, Reliance Jio, has reeled in three mammoth investors in three weeks: Facebook invested $5.7 billion for a 9.99% stake, Silver Lake Partners, a global leader in ...

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WhatsApp and JioMart deal holds long-term accretive value in India. WhatsApp will act as a payment service alongside JioMart, realizing Reliance CEO Ambani's longtime dream of making a viable ...

Facebook is buying a 9.99 percent stake in Jio Platforms, the Indian telecoms giant owned by India’s richest man, Mukesh Ambani. Jio, a subsidiary of Reliance Industries, has conquered much of the ...

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Facebook FB recently announced an investment of $5.7 billion to buy a 10% stake in Jio Platforms Limited, the digital arm of a massive Indian conglomerate, Reliance Industries (RIL). The deal, which ...

Facebook has made a huge bet on India by investing $5.7 billion into Jio Platforms, the tech subsidiary of multinational conglomerate Reliance Industries. Jio variously operates broadband, mobile ...

The $5.7 billion Facebook-Reliance Jio deal is the largest foreign direct investment yet in India’s technology sector. Facebook’s struggles with WhatsApp Pay in India are no secret. In 2018, Facebook ...