Wednesday, April 22, 2020

Facebook invests $5.7B in India’s Reliance Jio Platforms

Could this be an early sign of U.S. business investments shifting away from China? Quite probable! India is a market as big as China and lots of  English speakers!

Facebook invests $5.7B in India’s Reliance Jio Platforms | TechCrunch: Facebook has enjoyed unparalleled reach in India for more than a decade. But as China’s fast-growing ByteDance emerges as a formidable competitor in what has become the world’s second largest internet market, the American social media giant has found the horse it wants to bet on in the new decade. …

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