Discussion

• @arjunkharpal Arjun Kharpal on x

  So this Facebook $5.7 billion investment in Jio Platforms is big for a few reasons: - Access to huge user 300 million plus user base - Potential collabs on telecoms side - backing of Mukesh Ambani, the billionaire chairman of Reliance Industries $FB https://www.cnbc.com/...

• @varinder_bansal @varinder_bansal on x

  Jio launched in 2016: Facebook invests at valuation of 4.35 lakh crore RIL incorporated in 1973: total m-cap 7.8 lakh crore 5 years of telecom > 43 years of standalone RIL Respect #MukeshAmbani vision

• @sub8u Subrahmanyam Kvj on x

  Whatsapp's frictionless experience + Jio's scale & regulatory clout = interesting new platform models that would be hard for others. https://twitter.com/...

• @akm1410 Ashish K. Mishra on x

  Fun fact: Facebook is the biggest startup investor in town now, almost SoftBank level. With investments in Jio, Meesho and Unacademy. All minority stakes.

• @sarahfrier Sarah Frier on x

  This is Facebook's biggest investment since WhatsApp: 5.7 billion in Reliance Jio, to improve its position in India, especially in e-commerce. https://www.bloomberg.com/...

• @jonrussell Jon Russell on x

  One of the craziest tech deals in Indian/Asian/world history: Facebook is buying 10% of operator Jio for $5.7 billion Lots to unpack here: FB gets an ally with government's ear, massive distribution channel, scope for services like fintech etc https://techcrunch.com/...

• @nixxin Nikhil Pahwa on x

  I've seen comments pointing out #NetNeutrality concerns reg Facebook's investment in Reliance Jio. My comments: 1. Fact is, Jio and Fb were on the same side, with slightly different approaches, in 2015. This deal doesn't change their alignment re #NetNeutrality . (1/3)

• @chandrarsrikant Chandra R. Srikanth on x

  Mark Zuckerberg must be thinking about that net neutrality battle in India and laughing now. Imagine Jio + Facebook, before a data protection law is in place. https://twitter.com/...

• @raju Raju Narisetti on x

  A marriage of great mutual convenience in India is announced @Facebook Invests $5.7 billion in India's Ambani-owned @reliancejio Platforms https://about.fb.com/...

• @rahulnischal @rahulnischal on x

  Is this Kill Shot to net neutrality in India - Facebook invests in JIO https://techcrunch.com/... . JIO's entry killed all the telecom & ISP in India. Is JIO & FB turning its gun to net-neutrality? Is this backdoor entry to India for FB's http://internet.org/ ?

• @tsuvik Vikas SN on x

  Facebook's startup investments in India so far 👇 https://twitter.com/...

• @internetfreedom @internetfreedom on x

  @Facebook @reliancejio 6/7 On competition side risks. This may also potentially lead to an app ecosystem like Tencent's WeChat that can impact innovative start-up offerings for users. We are pressing for reforms in India's competition laws to enable greater regulatory scrutiny. h…

• @mytechmusings @mytechmusings on x

  Rumored @Facebook investment in @reliancejio comes true. Together they so many biz & channels to leverage. Competition @airtelindia @VodafoneIN must be fretting what this means for the cellular industry in India and their revenue streams https://techcrunch.com/... @anthonyha

• @samidhas Samidha Sharma on x

  Point to note here RIL's mounting debt of more than Rs 2.87 lakh crore, which has also led to stake sale at the Indian conglomerate..

• @madhumachi Madhulika on x

  Clearly common business interests triumph over any policy postures these companies might have adopted publicly https://twitter.com/...

• @r0h1n Rohin Dharmakumar on x

  I'll put it this way: there is simply *no way* Facebook would have gotten Indian regulatory approval to buy 10% of Airtel.

• @cvllr Max Cuvellier on x

  Isn't this a first? Are there other examples of internet giants taking a stake in a mobile operator (in #India or elsewhere)? Can't think of one from the top of my head... 🔖 https://www.wsj.com/... https://twitter.com/...

• @gautamghosh Gautam Ghosh on x

  Jio-Facebook will look to use WhatsApp for delivering goods from local neighborhood Kirana stores to consumers before expanding collaboration in education and healthcare sector, Mukesh Ambani said after announcing the mega Rs 43,574 -crore deal https://m.economictimes.com/ ...

• @rameshsrivats Ramesh Srivats on x

  Facebook picks up stake in Jio Platforms, thereby giving Mark Zuckerberg even more Jiopolitical influence.

• @sub8u Subrahmanyam Kvj on x

  Like it or not, you've got to hand it to the Reliance folks for building businesses that scale. Zero to $65 Billion in under four years! “Facebook invests $5.7B in India's Reliance Jio” https://techcrunch.com/...

• @eastdakota @eastdakota on x

  India may be the most important country in terms of defining the future of the Internet globally, and Jio is the most important company delivering the Indian Internet. Facebook just bought a big seat at an important table. https://twitter.com/...

• @rohitdubey Rohit Dubey on x

  Commenting on #Facebook investment in #JioPlatforms, Sh #MukeshAmbani statement from #PressRelease #DigitalLifeline https://twitter.com/...

• @stevekopack Steve Kopack on x

  Worth watching: Facebook just became the largest shareholder of India's biggest telecom provider Jio with a $5.7B investment. (According to India's telecom authority in Feb., Jio had a grip on 56% of India's wired & wireless broadband market share) https://www.bloomberg.com/...

• @kurtwagner8 Kurt Wagner on x

  Here's a story with more detail for those interested. I'm still not sure I understand why Facebook *had* to invest in Jio to collaborate like this, but it certainly ties the companies together in a way a normal biz dev partnership wouldn't https://www.bloomberg.com/...

• @internetfreedom @internetfreedom on x

  1/7 Thread and a short statement on @Facebook investment in @reliancejio.

• @internetfreedom @internetfreedom on x

  @Facebook @reliancejio 4/7 Some concerns have been highlighted by our supporters on zero rating plans and wider net neutrality protections. Zero rating (pricing distortion) is prohibited by clear regulation. But technical measurement and penalties remain elusive till date. https:…

• @arjunkharpal Arjun Kharpal on x

  This is big. Facebook confirms $5.7 billion investment in India's Jio Platforms. Another big push by $FB into India, a market it sees as a key growth engine https://about.fb.com/...

• @mikeisaac Rat King on x

  this is an enormous bet on Facebook's largest customer market in Asia (that they're allowed into, at least) and easily the biggest equity stake in any company they've ever made outside of an outright acquisition

• @kurtwagner8 Kurt Wagner on x

  Interesting: Facebook is investing $5.7 billion in Indian telecom giant Reliance Jio. That's a pretty huge investment for Facebook, and yet another sign that the company sees India as its most important market outside the U.S. https://about.fb.com/...

• @seyitaylor @seyitaylor on x

  Posit: just like Whatsapp and Instagram, this investment will be prove to be a bargain in a few years. https://twitter.com/...

• @disruptivedean Dean Bubley on x

  I missed this! @Facebook is buying a stake in Indian mega-MNO @reliancejio One plot twist: Jio is itself becoming a cloud-based network vendor/developer, in areas such as NFV & vRAN. So, in a sense, is Facebook via its @TelecomInfraP initiative https://twitter.com/...

• @sushubh @sushubh on x

  government would welcome this investment with open arms right? https://twitter.com/...

• @thekenyeung Ken Yeung on x

  The fact that Facebook has a say, albeit “minor”, in a telco is notable. Especially that it's in one of the most populous and heavily mobile country. And a user base that is probably double AT&T. IIRC FB has tried mobile dev in India before so is big. https://techcrunch.com/...

• @blitzkreigm Mangalam Maloo on x

  FACEBOOK TO INVEST 43500 Cr IN RELIANCE JIO! Explains the 7% move last hour in RELIANCE. https://twitter.com/...

• @sarthakgh Sar Haribhakti on x

  Jio is on track to bring 400 million Indians online in less than 4 years Facebook sure knows how to play in the big leagues and never get complacent https://about.fb.com/...

• @alexeheath Alex Heath on x

  What financial crisis? Facebook just made its largest investment ever. By dollar amount, it amounts to more than what it paid for Instagram and Oculus combined. https://www.theinformation.com/ ...