Recently Facebook has invested around ₹43,573 crores to acquire a 9.99% stake of JIO ecommerce platforms (JioMart) which is a unit of the Reliance Industries Limited (RIL). It is reported to be an all-cash deal that will support the oil retail giant to compensate for their depth and strength the company's presence on social media platforms and other large markets.
- Log in to post comments
URL
https://www.raghwendra.com/blog/facebook-reliance-deal-and-the-rise-of-jiomart/
Date Blog