The Deal Basics
This company invested $5.7 billion for a 9.99% stake in Jio Platforms
Who is Facebook?
This Facebook-owned messaging app is central to the partnership
What is WhatsApp?
This issue has historically damaged Facebook’s trust with users globally
What are data privacy concerns?
This is India's currency
This Indian conglomerate owns Jio Platforms
What is Reliance Industries Limited?
This billionaire led RIL and spearheaded Jio's growth
Who is Mukesh Ambani?
This regulatory concern could arise from Facebook partnering with a dominant telecom player
What are antitrust/monopoly concerns?
This is the word Jio got its name from by mirroring it
What is oil?
This year the Facebook-Jio deal was announced
What is 2020?
These small neighborhood retailers are a major target of the Jio platform strategy
What are kirana stores?
This is a major operational challenge in digitizing India’s small retailers
What are their supply chains/inventory management?
What is FaceMash?