In late April 2020, Facebook announced its intention to invest INR435.74 billion (USD5.7 billion) for a 9.99% stake in Jio Platforms (the parent company to Reliance Jio, India's leading mobile operator) and, in a related move, to link up WhatsApp and JioMart (Reliance Industries’s click-and-collect e-grocery platform).
In this podcast, Analyst, Inigo Barker discusses Facebook's investment in Jio Platforms and the ramifications of the deal on India's telecoms and digital sectors.
The associated article can be found here.
Version: 20241125