Facebook has become the largest minority shareholder in Indian oil and telecoms tycoon Mukesh Ambani’s cut-price Jio mobile internet network with a $5.7 billion deal. KEY FACTS Facebook and Jio said they planned to work together to connect India’s army of 60 million small shopkeepers, known locally as kirana, with WhatsApp users via the mobile network’s eCommerce platform. The deal is Facebook’s largest…
Read MoreFacebook Strikes $5.7 Billion Deal With India’s Richest Man.
