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Facebook to buy 10% stake in telco unit of India's Reliance Industries for $5.7 billion

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Home Blogs > Business
Apr 21 '20 | By oiam2companyadmin | Views: 46 | Comments: 0

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Facebook will buy a 10% stake in the digital business of India's Reliance Industries for $5.7 billion, as the social media firm looks to leverage its highly popular WhatsApp chat service to offer digital payment services.
businessNews?d=yIl2AUoC8zA businessNews?i=Yofd-RaHrEY:1oQsyvMZAQk:F businessNews?i=Yofd-RaHrEY:1oQsyvMZAQk:V

Source: https://www.reuters.com/article/us-facebook-reliance-jio/facebook-to-buy-10-stake-in-telco-unit-of-indias-reliance-industries-for-5-7-billion-idUSKCN22404I?feedType=RSS&feedName=businessNews

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