ADVERTISEMENTREMOVE AD
Members Only
lock close icon

Reliance Jio-Facebook Mega Deal: Why WhatsApp’s Role is Key

What does the Facebook-Reliance Jio deal mean for Indians? Tune in to The Big Story!

Updated
Podcast
1 min read
Aa
Aa
Small
Aa
Medium
Aa
Large
Hindi Female

Mark Zuckerberg-led Facebook has acquired a 9.99 percent stake in Mukesh Ambani's Reliance Jio, in a whopping $5.7 billion deal.

This is the world’s largest tech tie-up till date, involving India’s richest man Mukesh Ambani and the world's largest social media company. And, with this deal, Facebook is now the largest minority shareholder in Reliance Jio. But this deal may not be so much about Facebook as it is about WhatsApp.

What does Facebook have to gain from it? What does Reliance Jio have to gain from it? And most importantly, what does it mean for Indians? Tune in to The Big Story!

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

0

Read Latest News and Breaking News at The Quint, browse for more from podcast

Topics:  Facebook   Mukesh Ambani   Reliance Jio 

Published: 
Speaking truth to power requires allies like you.
Become a Member
3 months
12 months
12 months
Check Member Benefits
Read More
×
×