Facebook invests $5.7B in Indian carrier Jio

Facebook invests $5.7B in Indian carrier Jio

Facebook has announced it has invested $5.7 billion in Jio Platforms, part of the wider portfolio of the Indian conglomerate Reliance Industries. According to a blog post by the social media, the major reason behind the deal that made Facebook the largest minority shareholder is to combine JioMart and WhatsApp powers to “enable people to […]