Facebook (FB) is spending billions of dollars for a stake in India’s largest mobile operator, and teaming up with the country’s richest man to tap into an internet boom. The deal, announced Wednesday, ...
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 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 ...
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 ...
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 ...
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 ...
JioMart, an e-commerce venture run by India’s most valued firm, is testing an “ordering system” on WhatsApp, teasing the first peek at the collaboration between Facebook and Indian telecom giant ...
It was the largest bet by the social network on the developing market, where millions of people have gone online in recent years. By Mike Isaac and Vindu Goel SAN FRANCISCO — Facebook on Tuesday made ...
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