Jio partnership is to build similar products around the world: Zuckerberg

San Francisco: Facebook’s over Rs 43,000 crore investment in Jio Platforms will help the social networking giant build similar products for the other key markets around the world, according to CEO Mark Zuckerberg.

Facebook, which has long been striving to enter the big club of the ecommerce world, has chosen India in a significant move to begin its global ecommerce journey with investing $5.7 billion (approx. Rs 43,574 crore) in Reliance Jio, sounding the bugle to take on ecommerce behemoth Amazon and Walmart in the long run.

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