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Subscriber OnlyTechnologyDealsFacebook’s $6 Billion India Bet Kindles War With Amazon, WalmartJio, Facebook to work with 30 million small Indian storesDeal will help Facebook access 400 million Jio internet usersPhotographer: Dhiraj Singh/BloombergBySaritha Rai+FollowApril 22, 2020, 12:00 PM UTCBloomberg’s daily technology newsletter is chronicling the impact of Covid-19 on the global tech industry. Sign up here.Facebook Inc.’s $5.7 billion investment in a unit of India’s Reliance Industries Ltd. creates an e-commerce leviathan to take on Amazon.com Inc. and Walmart Inc. in one of the world’s most competitive internet arenas.
