Facebook to invest $5.7 BN in Jio | Acquire 9.99% stake

US tech giant Facebook announced that it would invest Rs 43,547 crore ($5.7 billion) in Jio to expand its presence in India. Facebook's investment translates into 9.9 percent stake in Jio. This would be Facebook's biggest minority shareholding ever.

#Facebook #Jio #FacebookJio

About Channel:

The World is One News, WION examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world.

Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults.

Subscribe to our channel at

Check out our website:

Connect with us on our social media handles:
Facebook:
Twitter:

Follow us on Google News for latest updates

Follow us on Google News for latest updates

WION: shorturl.at/fwKO0
Zee News English: shorturl.at/aJVY3
Zee News Hindi: shorturl.at/eorM1
Zee Business: shorturl.at/hpqX6
DNA News: shorturl.at/rBOY6
BGR: shorturl.at/eioqL

US tech giant,Facebook,Facebook to invest in jio,Facebook's investment,Facebook's investment in India,facebook CEO,facebook shareholding,facebook shareholding in India,reliance jio,reliance,WION,wion news,