NEW DELHI (AP) — Facebook says it plans to invest $5.7 billion in India’s telecom giant Reliance Jio. The investment will give Facebook a 9.99% stake in Jio Platforms, the digital technologies and app ...
Facebook announced it would invest $5.7 billion in Jio Platforms, India's popular mobile internet service. The multi-billion-dollar stake makes Facebook the largest minority shareholder in the ...
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 ...
Facebook adds a new trick to its playbook: junior partnership. Indian Prime Minister Narendra Modi and Facebook CEO Mark Zuckerberg. In a striking departure from Facebook’s habit of acquiring ...
Facebook Inc. today made a $5.7 billion investment in Jio Platforms Ltd. in return for a 9.99% stake, valuing the subsidiary of Indian conglomerate Reliance Industries Inc. at nearly $66 billion. Jio ...
Facebook has enjoyed unparalleled reach in India for more than a decade. But as China’s fast-growing ByteDance emerges as a formidable competitor in what has become the world’s second largest internet ...
Indian telecommunications and technology titan Jio Platforms Ltd. said it is raising 113.67 billion rupees ($1.5 billion) from U.S. private-equity firm Vista Equity Partners, the latest in a string of ...
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Jio leads in mobile data traffic for third consecutive quarter, pips global rivals: Tefficient
Reliance Jio remained the world leader in mobile data traffic for the third consecutive quarter, outperforming global rivals, consulting and research company Tefficient has said. In a post on X, ...
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