FB, Google eye Jio pact to expand in India; plan to take solutions global

Tech giants Facebook and Google – which have invested in Mukesh Ambani’s Jio Platforms – are keen on leveraging the partnership to cash in on the fast growing business opportunity in India and expand the learnings to other countries as well.

During their investor calls, the US-based companies highlighted the importance of the Indian market which is home to one of the world’s largest Internet consumer bases.

Referring to the investment in Jio Platforms, Facebook CEO Mark Zuckerberg said the partnership “will be to wire up and get thousands of kiranas, small businesses across India, onboarded onto WhatsApp to do commerce there” and that the company is excited about the opportunity in India.