Jio-Facebook to make India a premier digital society: Ambani

Reliance Industries’ chairman Mukesh Ambani and Facebook CEO Mark Zuckerberg on Tuesday outlined their plan for wiring small businesses in the country through their partnership, which will make India a premier digital society.

As is known, in April, Facebook acquired a 9.99% stake in Jio Platforms for $5.7 billion. The two firms plan to collaborate on the e-commerce front to digitise the country’s over 60 million micro, small and medium businesses, and 30 million neighbourhood kirana stores.