Mark zukerberg has invested $4.7 billion in jio $4.2 billion to respective net worths as shares of their company surged up and due to the pumping of money by zukerberg mukesh ambani overtook jack ma as asia’s wealthiest person.
This deal would be majority help to jiomart a new world of grocery shopping. Jio mart will going to help small kirana stores this would be like ecommerce and making digital to kirana’s. This would be first footfall toward the grocery stores in india like amazon and flipkart head facebook buys 9.99% stake in reliance jio for rupees 43,574 crore. This is the largest FDI in india tech sector.
HOW JIO MART WILL WORK.
This deal would also help facebook whatsapp to roll out a secure digital payment platform, teaming with the jiomoney. Now facebook will going to take google pay and paytm head on in an attempt to convert its largest database to use their own platform. Mukesh ambani and mark zukerberg shared a video note ofter the deal was signed, addressing them to how to deal will going to help them transform india and dead lock the ecommerce grocery spaces by helping small vendors and nearby kirana stores. For the secure payment of jiomart whatsapp will be the roll out to jio payment gateway to its user database.
RELIANCE JIO CUSTOMER MARKET SHARE VALUE.
The exploration of space stands as one of humanity’s greatest achievements. While history has hailed the men and women who reached the cosmos, and those who helped them get there, much of the infrastructure that sent them skyward lies forgotten and dilapidated.
October 2019 12.39%.
November 2019 13.08%
December 2019 13.71%
January 2019 14.62%
February 2019 15.31%
FACEBOOK INVESTED IN INDIA.
Means these platform will growing in near future