Facebook invests $5.7 billion in Indian telecom Jio - CNET [CNET News]
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Source: CNET News
Facebook is expanding its reach in India.Angela Lang/CNETFacebook on TuesdayrevealedThe social network tried to bring internet access to the country back in 2016, but was banned forviolating net neutrality rulesThis time, it's hoping to use its WhatsApp messaging service, which has more than 400 million users in India, to make digital payments at Jio-owned stores."By bringing together JioMart, Jio's small business initiative, with the power of WhatsApp, we can enable people to connect with businesses, shop and ultimately purchase products in a seamless mobile experience," David Fischer, Facebook's Chief Revenue Officer, and Ajit Mohan, its vice president and managing director for India, wrote in a blog post.CommentsNotification onNotification offInternet Services
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