Reliance Jio, one of India's leading telecommunications provider, diversifying into the digital services sector recorded investments amounting to over 1.1 trillion Indian rupees as of June 2020. The largest share of this funding came from social media giant Facebook, resulting in a nearly ten percent stake. This was secured in part to reduce Jio's debt, while also strengthening Whatsapp's (owned by Facebook) presence in India - the American company's largest consumer base.
Value of investments into Reliance Jio Infocomm Limited as of June 2020, by company
(in billion Indian rupees)
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RIL. (June 23, 2020). Value of investments into Reliance Jio Infocomm Limited as of June 2020, by company (in billion Indian rupees) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1128755/india-reliance-jio-investments-by-company/
RIL. "Value of investments into Reliance Jio Infocomm Limited as of June 2020, by company (in billion Indian rupees)." Chart. June 23, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1128755/india-reliance-jio-investments-by-company/
RIL. (2020). Value of investments into Reliance Jio Infocomm Limited as of June 2020, by company (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1128755/india-reliance-jio-investments-by-company/
RIL. "Value of Investments into Reliance Jio Infocomm Limited as of June 2020, by Company (in Billion Indian Rupees)." Statista, Statista Inc., 23 Jun 2020, https://www.statista.com/statistics/1128755/india-reliance-jio-investments-by-company/
RIL, Value of investments into Reliance Jio Infocomm Limited as of June 2020, by company (in billion Indian rupees) Statista, https://www.statista.com/statistics/1128755/india-reliance-jio-investments-by-company/ (last visited November 21, 2024)
Value of investments into Reliance Jio Infocomm Limited as of June 2020, by company (in billion Indian rupees) [Graph], RIL, June 23, 2020. [Online]. Available: https://www.statista.com/statistics/1128755/india-reliance-jio-investments-by-company/
