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While the Facebook deal is part of value unlocking

He said at the core of the Jio-Facebook partnership is the commitment that Mark Zukerberg, founder of Facebook and he share for the all-round digital transformation of India for serving all Indians. Our kisans (farmers), our small and medium enterprises, our students and teachers, our healthcare providers and above our women and youth who formed the foundation of a new India,” Ambani, Chairman and Managing Director of RIL said. At the same time, small kiranas can grow their businesses and create new employment opportunities using digital technologies,” Ambani said.Facebook already has over 400 million WhatsApp users in India and is looking to launch a payment offering.”In the very near future, JioMart — Jios digital new commerce platform, and WhatsApp will empower nearly 3 crore small Indian Kirana shops to digitally transact with every customer in their neighbourhood.Earlier in the day, Facebook announced an investment of USD 5..While the Facebook deal is part of value unlocking by Reliance Industries Ltd (RIL) to cut debt, Facebook will get deeper access to India, the second-largest internet market after China.New Delhi: Reliance Jio and Facebook will look to use WhatsApp for delivering goods from local neighborhood Kirana stores to consumers before China self adhesive vinyl expanding collaboration in education and healthcare sector, billionaire Mukesh Ambani said soon after announcing the mega Rs 43,574 -crore deal.”The combined power of Jios world-class digital connectivity platform and Facebooks intimate relationship with the Indian people will offer innovative new solutions to each one of you,” Ambani said.”This means all of you can order and get faster delivery of day-to-day items, from nearby local shops.”And in the days to come, this winning recipe to serve other key stakeholders of Indian society.”All of us at Reliance and Jio are delighted to welcome Facebook Inc,” he said in a short video message posted on the groups social media handles

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