Facebook Inc. said it would pay $5.7 billion for just under 10% of Indian telecom operator Jio Platforms Ltd., a massive expansion of the social media giant’s commitment to a promising market where it ...
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 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 ...
Facebook Tuesday announced a $5.7 billion investment in Jio Platforms Limited, part of Reliance Industries, making the social media giant its largest minority shareholder. In a blog post, FB said the ...
An icon in the shape of a lightning bolt. Impact Link Facebook will invest $5.7 billion in Reliance Jio, India's biggest mobile operator, the two companies announced on Tuesday. The deal may look like ...