Why Facebook Invest $5.7 billion (Rs 43,574 crore) IN JIO For Just 9.9% Stake ? JIO-FACEBOOK Big Plan

Facebook has bought a 9.9% stake in Reliance Jio for $5.7 billion (Rs 43,574 crore)

FACEBOOK - JIO Deal

SOMETHING BIG COOKING BETWEEN THESE COMPANY - Lets Check What We Sense

As we know that Facebook invest such a big amount in RIL Jio just for 9.9% stake. IS Mark going crazy, NO Mark is great Captain of Big ship he believe in future and future in India. We know Jio is leading brand in India Telecom and Jio soon launch it E-Commerce Platform in India but their is some problem for Jio too that is Big bulls in India E-Commerce Market. Yes i am talking about AMAZON and Flipkart which is backed by too big company as well AMAZON USA, and WALLMART.

Let me tell you one more things this deal is between JIO - FACEBOOK - WHATSAPP.

YES, I am right Jio's plan is to use Facebook's Artificial intelligence and their user data and Facebook's Plan is using Jio Mart for for whatsapp Pay and which helps whatsapp to dominate in Payment market. That's mean WIN-WIN.

Now Lets We Check What Company and expert said.

Everything you need to know about the partnership between @Facebook and Jio in 4 points.
Full video here: https://t.co/qm3YpTLWVe #WithLoveFromJio #RelianceJio #MukeshAmbani #MarkZuckerberg #Facebook #JioDigitalLife pic.twitter.com/29xR3s2pIU
— Reliance Jio (@reliancejio) April 23, 2020

.@Facebook buying 9.9% stake in @RelianceJio for Rs. 43,574 crore can bring in new narratives to digital transformation for 60 million small businesses while ensuring them potential opportunities in a growing digital economy to deliver products & services.https://t.co/GcpHq3YqwK
— Dr.Omkar Rai (@Omkar_Raii) April 23, 2020

Other REFERENCE

Catch our entire coverage on the Facebook-Jio deal here.

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Facebook-Jio Deal: Here's what Mark Zuckerberg has to say

WHAT GOOGLE SAID :-

jio facebook deal: Facebook buys 9.99% stake in Reliance Jio ...

economictimes.indiatimes.com › Tech › Internet

4 hours ago - Facebook will invest Rs 43,574 crore in Jio Platforms, a unit of Reliance Industries Ltd (RIL), for a 9.99% stake, an allcash deal that will help the oil-toretail conglomerate reduce debt and strengthen the social media company's presence in its largest market, especially for its WhatsApp unit.

Why Facebook, Reliance Jio deal is a wake-up call for ...

www.business-standard.com › Companies › News

17 hours ago - As Facebook, the world's largest social media company, invests $5.7 billion for a 9.99 per cent stake in Reliance Jio Platforms, the deal is also seen as a powerful alliance to take on formidable players in e-commerce and payments space such as Amazon, Flipkart and Google.