Facebook buys 9.9% stake in Reliance Jio for Rs 43,574 crore in largest tech FDI
Facebook buys 9.9% stake in Reliance Jio for Rs 43,574 crore in largest tech FDI, is the good news for the people who are in the search for the ray of hope during this lockdown. These type of things will also clear that now world is seeing lots of opportunity in India. Facebook CEO Mark Zuckerberg to buy 9.99 percent stake in RelianceJio platforms for Rs. 43,574.
Reliance Jio-Facebook deal|Facebook invests $5.7B in India’s Reliance Jio
If see this Buying 9.99% Stake In Reliance Jio For Rs 43,574 Cr, Largest FDI In India’s Tech Sector. If we talk about the Reliance Jio,with 388 million subscribers,valued at almost Rs 5 lakh Cr,in terms of Enterprise Value. Facebook’s 9.99% stake in Jio,that is 43574 Cr,is largest investment for minority stake,by a tech company anywhere in the world &also largest #FDI in the tech sector,in India
What RIL Chairman Mukesh Ambani said on RelianceJio-Facebook deal
RelianceJio and Facebook partner to create opportunities for people and businesses.
RIL Chairman Mukesh Ambani on RelianceJio-Facebook deal. He also said that “Coronavirus haarega, India jeetega,” says Ambani, emphasising on his and Mark Zuckerberg’s commitment towards Digital India.
Reliance Industries’ Chairman Mukesh Ambani on how Jio Mart plans to use WhatsApp to grow its business after Facebook buys 9.99% stake in Jio Platforms.
Mukesh Ambani: We don’t use a single Chinese component across our network and we care about user data protection.
Also Mukesh Ambani: We are partnering with Facebook.
RIL Chairman Mukesh Ambani say on RelianceJio-Facebook deal Video-
What MarkZuckerberg said on RelianceJio-Facebook deal video-
Zuckerberg; “We are making a major financial investment to become the largest minority shareholder in Jio platforms”
MarkZuckerberg said on Deal With RelianceJio Worth Rs 43,574 Crore. “India Has More Than 6 Crore Small Business Which Will Get Tools & New Ways To Communicate So That They Can Grow Small Businesses Are At The Core Of Any Economy”.
How small business will get the befit from Reliance Jio-Facebook deal-
They will work some major projects that will open commerce opportunities in Flag of India. Worth noting- Reliance Jio is setting up largest Blockchain networks across India.
RelianceJio-Facebook deal from that India’s millions of small businesses will be benefited. RelianceJio-Facebook deal provides jobs and supports for millions of people. This will also attract many big players in the tech and other industry to look towards India.
RelianceJio-Facebook deal media release copy –
For me this Reliance Jio-Facebook deal is the Amazing deal as glad to see an Indian company reach this kind of valuation. Reliance Jio-Facebook deal is which under which the money will stay in the country. What do you think about the Reliance Jio-Facebook deal|Facebook invests $5.7B in India’s Reliance Jio. Do you think Reliance Jio-Facebook deal|Facebook invests $5.7B in India’s Reliance Jio will help india or it will have adverse effects. come up with your comments.