PALO ALTO, U.S./TOKYO -- Facebook has invested $5.7 billion to take a 9.99% stake in Jio Platforms, the telecom operator owned by Indian conglomerate Reliance Industries.
Technology
Facebook invests $5.7bn in Indian telecom giant Jio Platforms
Mobile operator boasts a huge user base and a chairman with close ties to Modi
Facebook says its investment in Jio underscores its "commitment" to India.
Read Next
Latest on Technology
