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2 mins read

Monthly orders via WhatsApp on JioMart see 7X growth in a year

JioMart and Meta completed their one-year partnership through which they have enabled consumers to …

ANI   


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4 mins read

The legacy behind Mukesh Ambani’s Jio Financial Services

India’s fifth largest financial services company, Jio Financial Services, was born recently with a …

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4 mins read

Facebook is hiring senior execs for its digital wallet Novi and its partnership with Jio

The number of job openings at Facebook that used to pop up were down by nearly 50% at the end of…

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1 min read

Competition Comm approves Facebook-Jio deal

The USD 5.7 billion (Rs 43,574 crore) deal -- the single largest FDI in the technology sector in In…

PTI   


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1 min read

General Atlantic pics 1.34 pc stake in Jio platforms for ₹6,598.38 crore

Jio Platforms has raised Rs 67,194.75 crore from leading technology investors, including Faceboo…

PTI   


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3 mins read

WhatsApp is the secret sauce in the deal between Facebook and Reliance Jio

Everyone is excited about the deal between Facebook and Reliance Jio in hope that it will result in…

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3 mins read

Here's why Facebook's Mark Zuckerberg is paying top dollar for a stake in Mukesh Ambani's Reliance Jio

This is because Facebook’s Mark Zuckerberg has paid a certain premium for a stake in Reliance Ji…

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3 mins read

The Indian startups backed by Reliance Industries and Facebook have a lot in common

India woke up to its biggest tech deal on Wednesday (April 22) morning as Facebook picked up a 9.99…

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2 mins read

Facebook’s investment in Reliance Jio boosts RIL share value by ₹50,000 crore

At 9.07 am, RIL’s shares were trading at ₹1,320 which is 6.68% higher than the previous close. T…

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2 mins read

Reliance Jio’s valuation jumps more than half a billion dollars in just 12 days, thanks to Silver Lake

A US-based private equity firm, Silver Lake, has bought a 1.15% stake in Reliance Jio for $750 mill…

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2 mins read

On Facebook earnings call, Mark Zuckerberg opens up about his deal with Mukesh Ambani’s Reliance Jio

Social media giant Facebook announced its first quarter earnings to report a revenue of $17.74 bill…

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1 min read

Facebook-Jio deal gets Competition Commission nod

Jaadhu is an indirect wholly-owned subsidiary of Facebook and formed in March under the laws of th…

PTI   


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3 mins read

India's e-commerce industry has got Amazon, Walmart, and Facebook betting on it – but it won't be an easy ride

And this promise of immense growth in retail that has brought the bigwigs to the Indian e-commer…

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2 mins read

Mukesh Ambani snatches Asia’s richest man title back from Jack Ma with a little help from Mark Zuckerberg

But one of his most promising businesses - Jio - has had a white knight in the form of Mark …

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4 mins read

EXCLUSIVE: Inside the Reliance Jio deals – Akash Ambani was the one to choose Facebook, the next big investments and the ideas sold to investors

Since March, India has heard about two things happening repeatedly – the lockdown being extended an…

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4 mins read

Google Pay has a solid lead over PhonePe, Paytm and Amazon Pay⁠ in India⁠— but its biggest challenge is yet to come

Google Pay had 75 million transacting users in May, while PhonePe had 60 million users and Paytm ha…

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2 mins read

Reliance Retail sold more stuff in March than during last Diwali – no wonder profit jumped 20% in the latest fourth quarter

Reliance Retail has posted an operating profit of ₹2062 crore, up by 19.8% from the same quarter th…

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2 mins read

Vijay Shekhar Sharma is much closer to a super app than Mukesh Ambani or Mark Zuckerberg

In February 2020, Vijay Shekhar Sharma spoke about Paytm’s presence across sectors. “I’m on my 50th…

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4 mins read

India's retail industry will struggle far beyond the lockdown – but Reliance’s JioMart has the ‘muscle’ to power through

And the situation isn’t getting better anytime soon – not even after lockdown, say experts. Cred…

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2 mins read

Mukesh Ambani's Reliance closes deals with four more investors securing ₹30,062 crore

In total, Ambani has now sold a total of 25.09% stake in Jio to …