Facebook invests $5.7 billion in Reliance unit to reach small Indian grocers

Facebook invests $5.7 billion in Reliance unit to reach small Indian grocers

2020-04-21 17:57:59

Facebook will spend $5.7 billion for 10% of Reliance Industries’s digital business, as the social media firm looks to leverage its popular WhatsApp messenger to offer digital payment services to small grocers in India.

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