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Google to buy $4.5 bn stake in digital unit of India's Reliance 1

Google to buy $4.5 bn stake in digital unit of India’s Reliance

Posted on July 15, 2020 By Balvinder Singh 2 Comments on Google to buy $4.5 bn stake in digital unit of India’s Reliance

Mumbai (AFP) – Google will buy a $4.5 billion stake in Reliance’s digital unit and jointly develop an entry-level smartphone with the Indian conglomerate, the two companies said Wednesday as global tech giants race to grab a share of the country’s massive market.”We are delighted to welcome a household name in India and worldwide, Google, and have signed a binding partnership and investment agreement,” Reliance chairman Mukesh Ambani told shareholders at the oil-to-telecom behemoth’s annual meeting.He said it would give the US firm a 7.7 percent stake in Jio Platforms. The two firms will also …

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Comments (2) on “Google to buy $4.5 bn stake in digital unit of India’s Reliance”

  1. sandisk type-c 32gb otg flash drive says:
    July 16, 2020 at 3:23 pm

    Fantastic blog! Do you have any tips and hints for aspiring writers?

    I’m planning to start my own site soon but I’m a little lost on everything.
    Would you propose starting with a free platform like WordPress or go for
    a paid option? There are so many choices out there that I’m completely overwhelmed ..
    Any ideas? Thanks!

    Reply
    1. Balvinder Singh says:
      July 16, 2020 at 3:52 pm

      Hi thanks for liking our content, we recommend you to go with wordpress.

      Reply

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