Home Business Facebook bets on India with $5.7 billion Reliance deal

Facebook bets on India with $5.7 billion Reliance deal

150
0

Facebook is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries’ digital arm, as it looks to roll out services for India’s grocers and small businesses by capitalizing on WhatsApp’s extensive reach in the country.

LEAVE A REPLY

Please enter your comment!
Please enter your name here