3-Point Analysis | The Mega Jio-Facebook Deal

Reliance Industries (RIL) share prices rallied today after Facebook announced investments of 5.7 billion dollars in Reliance Jio. Reliance Jio, the telecom unit of Reliance Industries Ltd (RIL), has sold a 9.99 percent stake to US tech giant Facebook for $5.7 billion, or Rs 43,574 crore.

The investment makes Facebook the largest minority shareholder in Jio and values the Jio platforms at an enterprise value of Rs 4.62 lakh crore. It is the largest investment for a minority stake by a tech firm anywhere in the world. It is also the largest FDI in the technology sector in India and with this, the deal values Jio platforms among the top 5 listed companies in India by market cap.

Moneycontrol's Sakshi Batra does a 3 point analysis to understand the broad contours of the deal and what it means for Reliance shareholders now.


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[SPR]

2 things
1. Jio is coming into E-commerce, so brace yourself for
2. Facebook is coming into E-payments.
Win - win for both

[RaviKumar-dong]

Greed of money can change someone's statement.
Mukesh Ambani said an year ago: `Data is the new oil.
For India to succeed in this data-driven revolution, we will have to migrate the control and ownership of Indian data back to India in other words, Indian wealth back to every Indian `

[vivaan]

I thought 10℅ is minimum to qualify as FDI

[ravindertalwar]

I pray to God for the wellbeing and happiness for everyone in the Global World based on Love Light Peace And Justice.

[parjanysharma]

The dull is the leadership of Mukesh Ambani, Bharat me 4g lane wali company ki kaman foreign ko di

[abhishekphulari]

Reliance share price is Manipulated. In July it will be 800₹

[VivekKumar-kncc]

Why she is holding her hand like that ()

[manjulashanmugasundaram]

Aayi zanjeer ki jhankaar khuda khair kare

[jakesteward]

Indian is complicated and too risky for Investment this is a message to all future investors.

[jakesteward]

JIO is a flop Mark does not know that. hahahh