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Stake
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Puru BhatnagarTop Contributor
Business Analyst, Entrepreneur, Business developer, Marketer

The deal of around 44 crores rupees which make Facebook  the largest minority stake in Reliance Jio.

This deal come in time when the whole country is in lockdown period and the country's economy is suffering to a large extent.

Some are saying that this deal will be much benefit for Indian economy and it will give a boost to it, while some are saying that we should not reach to the result too soon as it can go to any side.

But still to my perspective this deal has open many opportunity for Facebook as well as Jio,

If we look at the latest news Jio mart has been started at some parts of Maharashtra and it aims to connect Kirana stores to the customers.

Lets see, it is correct to say that we should not reach to the result too soon, but the deal is seems to have a positive result for both the party.