Facebook invests $5.7 billion in Reliance unit, plans digital services for Indian grocers

Facebook invests $5.7 billion in Reliance unit, plans digital services for Indian grocers

2020-04-22 00:24:32

Facebook will spend $5.7 billion to take just under 10% of Reliance Industries’ digital unit, seeking to roll out services for India’s grocers and other small businesses by capitalising upon WhatsApp’s extensive reach within the country.

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