Facebook, Google, Amazon, Walmart — Why Every US Giant’s India Itinerary Ends At Mukesh Ambani’s Durbar

Over the last few weeks, Mukesh Ambani-led Reliance Retail has managed to attract big-ticket investments from global IT giants like Facebook and Google. It is speculated to be holding talks with Amazon and Walmart. The global IT giants’ big-ticket investments are made as Reliance is all set to capitalize on a huge un-penetrated retail market in India. Starting from Qualcomm and Intel to Google and Facebook, the Jio platform has maintained to be valued above Rs 4.5 lakh crore.

Airtel-Amazon Deal: Bezos And Mittal Refuse To Clear The Air

Amazon is in early talks to buy a roughly 5% stake in Indian telecom player Bharti Airtel for around $2 billion.

Facebook’s New Deal: Why Mark Needs Mukesh To Mint Money In India?

For Facebook’s Mark Zuckerberg, chaos is a time of opportunity. In India, the Silicon Valley billionaire has 400 million strong markets that his company has sadly failed to monetize. Facebook’s investment of $5.7 billion in Reliance Jio Platforms is Zuckerberg’s biggest investment since acquiring WhatsApp.

Why Facebook’s New Partnership In India Matters — For Competitors And Customers Alike

Facebook announced that it has picked up a minority stake in India’s Telecom Behemoth, Reliance’s Jio platforms. The Facebook investment in Jio is valued at Rs. 43, 574 Crore for a 9.99 % stake, making the overall valuation of Jio Platforms at Rs. 4.62 Lakh Crore.