Which company has recently bought 9.99% stake in Reliance Jio as announced by Mukesh Ambani?
RBC
Amazon
Facebook Inc.
Walmart
Answers
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Facebook Inc. company has recently bought 9.99% stake in Reliance Jio as announced by Mukesh Ambani.
Explanation:
- Reliance Jio Infocomm Limited is an Indian telecommunications company that was founded by Mukesh Ambani.
- Facebook is a social networking service company that was launched by "Mark Zuckerberg" in 2004.
- Recently, Facebook has recently bought 9.99% stake in Reliance Jio.
- Facebook is investing USD 5.7 billion in Jio Platforms Limited, part of Reliance Industries Limited, making Facebook its largest minority shareholder.
Answered by
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Answer:
Which company has recently bought 9.99% stake in Reliance Jio as announced by Mukesh Ambani?
RBC
Amazon
Facebook Inc.✔
Walmart
Extra Information:
- Facebook Inc. is the company which has recently bought 9.99% stake in Reliance Jio as announced by Mukesh Ambani.
- It is an American Social media.
- It was founded by Mark Zuckerberg.
- It was founded in February 2004.
- Throughout its existence, Facebook has acquired multiple companies.
- Facebook ranked No. 76 in the 2018 Fortune 500 list of the largest United States corporations by revenue.
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