The social media giant Facebook has invested $5.7 billion in buying 9.9% stakes of Reliance owned telecom company, Jio Network.
This new collaboration with Jio is definitely going to boost Facebook’s reach in the world as Indian market is currently considered to be the most flourishing one.
The telecom company has already taken a hold of Indian market with its lucrative offers and low-priced data and now the deal with Facebook is promised to open new opportunities to people and business, making it even more alluring.
Welcoming Mark Zuckerberg in this new collaboration, the chairman of Reliance group, Mukesh Ambani shared a small video where he talked about revolutionizing India with a digital approach.
Check out his video:
Shri Mukesh D. Ambani, Chairman, Reliance Industries Limited welcomes Mark Zuckerberg, founder @Facebook Inc as a long term and esteemed partner.#WithLoveFromJio #Jio #Facebook #MarkZuckerberg#MukeshAmbani #RelianceJio #JioDigitalLifehttps://t.co/RoHrxUpxZF
— Reliance Jio (@reliancejio) April 22, 2020
