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Mubadala Of Abu Dhabi Is In Talks On $1 Bn Stake In Jio Platforms: Sources- Tempemail – Blog – Emails

Read Article Abu Dhabi state fund Mubadala is in talks with Reliance Industries (RELI.NS) about investing around $1 billion in the Indian conglomerate’s Jio platforms, three sources told Reuters. “Clearly Jio’s platform is attracting a wide range of world-class investors, given its enormous potential to serve one of the world’s largest marketplaces,” Mubadala said in […]

Reliance Jio’s Latest Valuation And All You Need To Know About General Atlantic’s Deal With Jio- Tempemail – Blog – Emails

Read Article General Atlantic, a US-based firm, has invested INR. 6,598.38 crores ($870 million) in Jio platforms, in exchange for a 1.34 percent stake. Over the past few months, Facebook, Silver Lake and Vista group have invested more than $8 billion in Jio, by picking up 9.9 percent, 1 percent and 2.32 percent of stakes […]

Reliance announces Rs 6598 crores funding to Jio by General Atlantic- Tempemail – Blog – Emails

Read Article Reliance Industries on Sunday announced US fund General Atlantic will invest Rs. 6,598 crores ($870 million) in Jio Platforms, a fourth deal that takes investment in its digital unit to over $8 billion in less than a month. General Atlantic will pick up a 1.34 percent stake in Jio Platforms which includes movies, […]

Facebook’s alliance with Jio will help it unlock India- Tempemail – Blog – Emails

Facebook’s recent $5.7 billion investment in Indian telecommunications behemoth Jio Platforms goes beyond the typical tech deal and will help the American social media titan finally unlock the world’s biggest democracy. On the surface, it’s an e-commerce deal that aims to deliver incremental benefits such as better choice, faster deliveries and lower prices to entice […]