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6:13am, 22nd April, 2020

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

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 already extensive reach within the country.

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

2:01am, 22nd April, 2020

News

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

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.

Search by tag: #grocers

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

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

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