c-title pmc-u-font-size-20 pmc-u-font-size-38@tablet pmc-u-font-size-46@desktop-xl u-text-align-center@mobile-max u-letter-spacing-0025 pmc-u-line-height-normal u-line-height-45@tablet pmc-u-padding-t-1 pmc-u-padding-t-050@mobile-max”>Endeavor Investor Silver Lake Takes $750M Stake In Indian Telco Reliance Jio By Andreas Wiseman Andreas Wiseman International Editor @AndreasWiseman More Stories By Andreas Endeavor Investor Silver Lake Takes $750M Stake In Indian Telco Reliance Jio Piers Morgan Steps Back From ‘Good Morning Britain’ After Developing “Mild” Coronavirus Symptoms […]
Read MoreFacebook invests $5.7 billion in Reliance Jio
Facebook Inc announced a $5.7 billion investment in Reliance Industries Ltd’s telecom unit on Wednesday, making it the largest minority shareholder in Jio Platforms Limited. The social media giant said it would focus on collaborating its messaging platform WhatsApp with Reliance’s e-commerce venture JioMart to enable people to connect with small businesses.
Read MoreFacebook in talks for 10% in Jio: Report
Social media giant Facebook is in talks to buy a 10% stake in Reliance Jio, billionaire Mukesh Ambani’s telecom and internet services venture. The US-based technology giant, which also owns Instagram and WhatsApp, was close to signing a preliminary deal but the negotiations got delayed due global travel bans due to Covid-19.
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