23-04-2020 12:00 via theverge.com

Facebook has a big new plan to make money in India

Illustration by Alex Castro / The Verge One challenge with writing about vast multinational corporations that have unfathomably large user bases is that they occasionally wade into subjects that I personally know nothing about. For example, the Indian telecom market, in which Facebook is now a significant player. Late on Tuesday, the company announced that it had invested $5.7 billion in Jio Platforms Limited, making it the company’s largest minority shareholder.
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