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.





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