FACEBOOK BUYS STAKE IN RELIANCE JIO EXPLAINED
We know that Facebook just bought a 9.99% stake at JIO for about 44,000 crores ( 5.8B$ ). Facebook now has become JIO’s largest minority stakeholder. Wondering why FB invested in JIO? Remember internet.org? Internet.org is a partnership between social networking services company Facebook and six companies (Samsung, Ericsson, MediaTek, Opera Software, Nokia and Qualcomm) that […]