Facebook buys 9.99% stake in Reliance Jio for Rs 43,574 crore : Mark Zuckerberg shares why

NYOOOZ TV
NYOOOZ TV
  • 4 years ago
Facebook on Wednesday announced an investment of $5.7 billion (Rs 43,574 crore) to buy a 9.99% equity stake in Mukesh Ambani’s Reliance Jio. Facebook said it would focus on collaborating between its messaging platform WhatsApp and Reliance Industries’s e-commerce venture JioMart.

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