jio

Reliance Jio Fiber In Talks With Saudi Arabia’s Public Investment Fund To Raise $1 Billion

As reported last month, Ambani’s plan of raising funds is not just limited to Jio Platforms but beyond that. He has also been looking forward to attracting more investments to JioFiber and held discussions with Qatar Investment Authority (QIA) for...

Facebook Reveals Big Plans Behind The WhatsApp JioMart Integration In India

After Facebook Inc. (NASDAQ:FB) acquired a minority stake of 9.99% in Jio Platforms for a whopping $5.7 billion in April, it was revealed that WhatsApp would be paired with Ambani’s O2O, aka offline to online, platform JioMart to boost local commerce...

After Jio Platforms, Now JioFiber To Raise Billions In Investment!

if you are thinking that Mukesh Ambani is done with the investments in Jio Platforms after making RIL a debt-free, you are highly mistaken. Now India's richest and world's fifth-richest person is aiming to attract more investment in JioFiber...

Now Google Invests In Jio: Acquires 7.7% Stake

After Facebook, Intel, Qualcomm, and many others, now Google invests in Jio. The US-based internet giant Google will acquire 7.7% stake in Jio Platforms by investing Rs 33,737 crores (US$4.5 billion), Mukesh Ambani, chairman of the Indian group, said...

Google Investment in Jio Platforms: The Big Announcement Of Tomorrow?

Update: 15 July 2020: Reliance has officially confirmed $4.5 billion investment from Google in Jio Platforms. Google is acquiring 7.7% stake in Jio Platforms to become the second-largest shareholder after Facebook. After Facebook, Intel, Qualcomm, and a few others, Google...

Zoom vs JioMeet: Is Zoom Trying To Punch Above Its Weight?

After Jio Platforms backed by Mukesh Ambani launched JioMeet which is a ‘Made-In-India’ video conferencing app, people were quick to spot how easily it managed to replicate Zoom’s entire look and feel aka UI or User Interface. Taking note of...

With The Launch of JioMeet Reliance Sets Its Eyes On Video Conferencing Market!

The race to dominate the video conferencing market has just become more interesting. As we are going through the new normal, the "work from home" era, the team meeting goes entirely online. This gave rise to the increased market for...

Major Investments in Reliance Jio 2020

The above graph represents all major investments in Reliance Jio platforms in 2020. Surprisingly, in less than 3 months, since April 22, 2020, Mukesh Ambani owned Jio Platforms raised Rs 152,055.45 crore from 13 global investors include Facebook (April...

Facebook’s Investment In Reliance Jio Creates The Largest Goldmine Of Data: Implications?

With the news of the social media giant Facebook buying a 9.99% stake into the Mukesh Ambani-led Reliance Jio Platforms for $5.7 billion, comes along a lot of concerns related to the future of the Indian internet and digital...

Facebook Invests In Jio: Acquires 9.9% Stake At $66 Billion Valuation

In a major development, Facebook has made its largest investment in India by buying 9.99% stake of Reliance Jio. The social media giant, which was reportedly in talks with Reliance for some time, values Reliance Jio worth $65.95 billion....
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Global Smartphone Market Q1 2024: Transsion’s Meteoric Rise Threatens Xiaomi’s Third-Place Empire

The global smartphone industry is still dealing with the lingering impacts of the COVID-19 pandemic and macroeconomic uncertainties in...
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