What does Facebook get by plonking down $5.7 billion dollars for its stake in Reliance Jio?
Remember that Facebook owns WhatsApp
WhatsApp has 400 million users in India.
WhatsApp has been trying for a UPI license for some time now (approval for upto 10 million users in Feb).
Remember that Facebook owns WhatsApp
WhatsApp has 400 million users in India.
WhatsApp has been trying for a UPI license for some time now (approval for upto 10 million users in Feb).
Google Pay now has about 70 million users in India.
Financial data is the next battleground.
₹43,000 crores could be peanuts for Facebook to get this kind of reach.
It is 4 months of profits for Facebook.
10% of its cash on hand.
Without even a #privacy law in India.
Financial data is the next battleground.
₹43,000 crores could be peanuts for Facebook to get this kind of reach.
It is 4 months of profits for Facebook.
10% of its cash on hand.
Without even a #privacy law in India.