American based social media company owned & managed by mark Zukerbarg Facebook Invested $5.7 Billion(Rs43,574 crore) in Mukesh ambani owned Reliance Jio .
Facebooks messaging app whatsapp is going to lounch payment mode in whatsapp , thats why they colaborated with Reliance Jio.
After this huge collaboration , Mukesh Ambani Became the asia's richest person one again .
Facebook owned 9.99% stake share of Reliance Jio.
When they anounched the megha collaboration , the collaboration will mainly focus on Facebook's messaging app whatsapp and Reliance jio's e-commerce venture JioMart.
Mark Thanked Mukesh Ambani and the entire jio team and he added "we're looking forward to get started."
Mukesh Ambani said in response "My there fellow Indians, I'm here to share some exciting new with you. All of us at Reliance Jio are delighted to welcome Facebook lnc. as our share partner. At the core of this partnership is a commitment of Mark Zukerbag and I share for the digitel transformation of india." according to news agency ANI.
Facebooks messaging app whatsapp is going to lounch payment mode in whatsapp , thats why they colaborated with Reliance Jio.
After this huge collaboration , Mukesh Ambani Became the asia's richest person one again .
Facebook owned 9.99% stake share of Reliance Jio.
When they anounched the megha collaboration , the collaboration will mainly focus on Facebook's messaging app whatsapp and Reliance jio's e-commerce venture JioMart.
Mark Zukerbarg shared a post on Facebook page " There's a lot going on in the world right now, but I wanted to share an update on our work in India. Facebook is teaming up with Jio Platforms -- we're making a financial investment, and more than that, we're committing to work together on some major projects that will open up commerce opportunities for people across India.
India is home to the largest communities on Facebook and WhatsApp, and a lot of talented entrepreneurs. The country is in the middle of a major digital transformation and organizations like Jio have played a big part in getting hundreds of millions of Indian people and small businesses online.
This is especially important right now, because small businesses are the core of every economy and they need our support. India has more than 60 million small businesses and millions of people rely on them for jobs. With communities around the world in lockdown, many of these entrepreneurs need digital tools they can rely on to find and communicate with customers and grow their businesses. This is something we can help with -- and that's why we're partnering with Jio to help people and businesses in India create new opportunities.
I want to thank Mukesh Ambani and the entire Jio team for their partnership. We're looking forward to getting started."Source:
Mark Thanked Mukesh Ambani and the entire jio team and he added "we're looking forward to get started."
Mukesh Ambani said in response "My there fellow Indians, I'm here to share some exciting new with you. All of us at Reliance Jio are delighted to welcome Facebook lnc. as our share partner. At the core of this partnership is a commitment of Mark Zukerbag and I share for the digitel transformation of india." according to news agency ANI.
After the collaboration , Facebook became the largest minority shareholder in Reliance JIO
Mark Zukerbarg thanked mukesh Ambani & the entire jio team
With JIO's 388 Million customers, facebook gets access to a wider audiance base
This colaboration will help increating businesses operate effortlessly & more effectively in growing digital india's economy.
