Facebook to buy 10% stake in telco unit of India’s Reliance Industries for $5.7 billion

April 22, 2020 admin Business News Comments Off on Facebook to buy 10% stake in telco unit of India’s Reliance Industries for $5.7 billion

Facebook will buy a 10% stake in the digital business of India’s Reliance Industries for $5.7 billion, as the social media firm looks to leverage its highly popular WhatsApp chat service to offer digital payment services.

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Source:: Reuters – Business News