Ambani's digital dream grows with $4.5bn Google stake in Jio

Asia's richest man shuns Chinese investors in favor of American giants

20200715N Ambani

Reliance Industries Chairman Mukesh Ambani says the conglomerate is "blessed to have world-class partners like Facebook, Google and Microsoft." © Reuters

KEN KOYANAGI, Nikkei Asian Review Editor-at-large

TOKYO -- Indian conglomerate Reliance Industries' digital arm Jio Platforms has secured $4.5 billion from Google, adding to a list of new investors that includes the biggest names in U.S. technology: Facebook, Intel and Qualcomm.

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