World Largest Social Media giant facebook has investment Rs. 43,574 crore into Jio Platforms. Facebook will acquires 9.99% stake in reliance jio. The partnership may be eventually lead to the of multipurpose online app, Shopping, hotel, traval booking and many more.
Facebook investment will the largest minority shareholding in jio platform Ltd, According jio Wednesday statement, putting the enterprise value of the business $66 billion (INR Rs. 5 Lakh crores). Facebook product whatsaap to already trying to secure approval to roll out its digital payment serive india. which will already run in market Google Pay and Paytm.
"India is home to the largest communities on Facebook and WhatsApp, and a lot of talented entrepreneurs. The (India) is in the middle of a major digital transformation and organizations like Jio have played a big part in getting hundreds of millions of Indian people and small businesses online." Facebook founder CEO Mark Zuckerberg said in a post.
In future any Update for this information. We will update timely.
0 Comments
If you have any question for this please leave comment. We will get back to shortly