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Facebook invests $5.7 billion in Reliance unit to reach small Indian grocers

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Home Blogs > Business
Apr 21 '20 | By oiam2companyadmin | Views: 193 | Comments: 0

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Facebook will spend $5.7 billion for 10% of Reliance Industries's digital business, as the social media firm looks to leverage its popular WhatsApp messenger to offer digital payment services to small grocers in India.
businessNews?d=yIl2AUoC8zA businessNews?i=o7yDpnHHuOs:JGqxsN4SJhU:F businessNews?i=o7yDpnHHuOs:JGqxsN4SJhU:V

Source: https://www.reuters.com/article/us-facebook-reliance-jio/facebook-invests-5-7-billion-in-reliance-unit-to-reach-small-indian-grocers-idUSKCN22404I?feedType=RSS&feedName=businessNews

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