Facebook Invests Billion In Reliance Jio Acquires Stake Biggest Digital Ecosystem Deal
Facebook Invests $5.7 Billion In Reliance Jio, Acquires 9.9% Stake; Biggest Digital Ecosystem Deal
Facebook has invested $5.7 billion in Reliance Jio to acquire a 9.9% stake. It has been India's biggest digital ecosystem deal so far. This makes Facebook Reliance Jio's major minority shareholder. The social media giant talks about collaborating it's messaging platform i.e., WhatsApp with Reliance eCommerce Jio Mart.