Indian Digital Arena – Facebook & Reliance digital deal

Facebook buys 9.99% stake in Reliance Jio

Reliance Industries Limited (RIL), the most popular 21st-century corporate conglomerate will receive an investment from the social networking platform Facebook. It will invest Rs 43,574 crore in Jio Platforms, a unit of Reliance Industries.


Facebook is a social media platform. It is an American social media and technology company based in Menlo Park, California. It was founded by Mark Zuckerberg.

Facebook has made an all-cash deal with Jio for a 9.99% stake. This will help the conglomerate to reduce its debt and strengthen the social media company’s presence in its largest market including WhatsApp unit. The RIL shares closed 10.3% higher at Rs 1,363.35.

Reliance Jio

Reliance Jio Infocomm Ltd is an Indian telecommunications company and subsidiary of Reliance Industries. Its headquarter is in Mumbai, Maharashtra, India. It operates a national LTE network with coverage across all 22 telecom circles.

The Jio platforms are the phone and data unit Reliance Jio Infocom and different digital app platforms such as JioMart, Jio-Saavn and JioCinema.

The Jio strategy head Anshuman Thakur said that Facebook will get a seat on the board of Jio platforms.

The RIL and Facebook are looking forward to creating a super-app like China’s WeChat by leveraging Jio’s reach and WhatsApp’s ubiquity.

Reliance and facebook deal on internet industry :

Already reliance jio takes the steps towards the digital india,meanwhile facebook deal could create a digital giant.It’s a great opportunity to the India as both industries occupied all over the segments in India.


Here are the many opportunities of Facebook -Jio’s combined deal:

Category Segment Facebook (Co & Investments) Jio Platforms + Jio Reliance Industries
Capital Payments Bank Jio Payments Bank
Currency Online Payments & Digital Wallet Calibra + WhatsApp Pay + Messenger Payments Jio Money Wallet + JioCoin
Commerce Health Tracking & Services Preventative Health Tool Jio HealthHub
Events & Movies Booking Facebook Local Network 18 Print Commerce (BookMyShow)
Consumer Electronics Facebook Marketplace Reliance Digital + Jio Digital Life + HomeShop18
Groceries & Everyday Items JioMart Reliance Smart (+online) + Reliance Fresh + HomeShop18
Jewellery & Accessories Facebook Marketplace Reliance Jewels
Footwear Facebook Marketplace Trends Footwear (erstwhile Reliance Footprints)
Wholesales B2B Reliance Market
Clothing & Fashion Facebook Marketplace Reliance Trends + Project Eve + + HomeShop18
Toys & Kids Facebook Marketplace Hamleys
Logistics & Last Mile Delivery Reliance Logistics
Workplace Collaboration Software Facebook Workplace
Financial Software JioGST (GST Software)
Commerce Enablement Software Meesho + WhatsApp & Facebook For Business JioMart + JioPOS + MyJio
Hiring & Recruitment Facebook Jobs Listings
Marketing Technology Software Analytics + Ads + Creators + Biz Manager + Audience Network JioAds
Feedback App JioMitra
Content Gaming Content Facebook Games JioGames (MS Game Studios, Riot Games, Tencent, Gameloft)
Learning Content Byju + U-cademy Jio University
Music Streaming JioSaavn
Books & Magazines Content JioMags (now part of JioNews) Network 18 Print (Magazines)
Entertainment Content Facebook Watch JioCinema + JioTV + JioTV+ (Content Aggregator) Network18 (TV + VOOT + Digital) + Eros + ALTBalaji stake
Infotainment & News Content JioTV + JioTV+ (Content Aggregator) + JioNews Network18 News + Digital—, FirstPost etc
Community Social Networking Facebook App + Communities + Groups + Dating
Instant Messaging FB + Instagram Messenger
Photo/Video Social Networking Instagram + Lasso (TikTok-like app)
Messaging + VoIP + Video Calls WhatsApp JioChat + Jio4GVoice + JioCall
Connectivity Smartphones Co-branded Devices
Feature Phones JioPhone
Virtual + Augmented Reality Oculus + SmartGlasses (Project Orion) Jio HoloBoard MR headset
Video Calling Portal
Home Security JioCameras
Set Top box Jio Set Top Box Multiple System Operators—Hathway, DEN, GTPL
Set Top Box Camera JioTVCamera
Internet Routers JioFi
Media Streaming
Mobile Security JioSecurity (Parter Norton)
File Transfer JioSwitch
File Backup JioCloud
Car Tracking JioMotive
Set Top Box Remote Control JioHome
Voice Assitant Currently under development HelloJio
App Store JioStore
Operating System Currently under development
Internet Browser JioBrowser
Device Damage Protection
Mobile Broadband 4G Services
Fiber To The Home (FTTH) JioFIber
WiFi Hotspots JioNet WiFi

Source:Quartz India


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