large scale image
LCP Image

Back to TSCFM News

Jio tied-up with Facebook, Google

June 04, 2021

Jio tied-up with Facebook, Google

Reliance Industries has said that “strategic initiatives” to be carried out by its digital unit Jio in association with US majors Facebook and Google will additionally improve its consumer service offerings.

“In the following leg of its growth story, Jio is focused on democratizing digital services and improving client experience through creative platforms and services,” RIL said in its yearly report delivered on Wednesday.

Facebook-owned WhatsApp is teaming up with JioMart, Reliance’s etail adventure, while Jio Platforms, the digital unit of the refining-to-retail-to-telecom combination, is collaborating with Google to create moderate 4G and even 5G cell phones.

A year ago, Facebook and Google purchased 9.99% and 7.73% stakes in Jio Platforms for almost ₹43,574 crore and ₹33,737 crore separately.

Important Links:

Recommended for you ...

Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services
Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services

February 12, 2024

Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices
Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices

February 12, 2024

Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices
Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices

February 12, 2024

Enquire Now
REQUEST A CALLBACK
Chat on WhatsApp