The digital rediscovery of India
More than any other governmental initiative, it is the thrust on Digital India that has given the country a new vocabulary of oneness.
More than any other governmental initiative, it is the thrust on Digital India that has given the country a new vocabulary of oneness.
The mega deal will help RIL deleverage and expand its new commerce initiative, while giving Facebook, Instagram, and WhatsApp access to Jio’s 388 million users.
According to a Jefferies research report, at an estimated valuation of $65 billion-$70 billion, the newly formed Jio Platform’s EV/Ebitda multiple could be ahead of Alibaba, Alphabet, and Apple.