Facebook and Jio Partnership deal - A Big Boost for India's ecommerce business space

The Social Media Giant Facebook has bought a 9.9% stake in Reliance Industries Ltd (RIL) for  Rs 43, 574 crores ( $5.7 Billion) deal to make a firm foot print in the fastest growing market that will help oil-to-retail conglomerate will significantly reduce the debt and strengthen its social media presence across the globe. The Facebook- Jio Deal  values $65.95 billion (Rs 4.62 Lakh Crore) worth. As according to market trends Facebook and Jio deal stands amongst top five listed companies in India.

Facebook Reliance Jio Deal

Jio in Less than Four years has brought more than 388 million people online which gives big boost for Innovative enterprises to connect to right people in unique way. This deal helps Facebook to connect more people and provide Digital- based solutions to small and medium sized businesses in association with Reliance Jio. 

This deal helps to create ample of opportunities for businesses of all sizes across the country. With this Investment Reliance Retail and Whats app services has open doors for New Reliance eCommerce business Opportunities on The Jio platform by entering in to Leverage commercial partnership. It will help to deliver the orders faster from local near by shops. This important will make an important contribution for all round Digital Transformation of India in all aspects.