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Latest Articles in Jio facebook deal

Jio Platform Gets Rs 43,574 Cr From Facebook For 9.99% Stake Sale

Facebook picked 9.99 per cent stake in Jio Platforms at an enterprise value of Rs 4.62 lakh crore.

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Impact Of Jio-Facebook Deal

The deal will positively impact the valuation of Jio’s partnership with Facebook in the event it decides to go public. Overall, at a time when the COVID-19 outbreak has thrown the world economy in shambles, this union is a feel-good tiding.

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