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This need minority share holder approval as small investor have invested since many year and the deal has to be transperent with share holder and need aporoval ..Reliance owner can not only decide to sell 10%Stake but its a concern for petty small investor who have been investing their hard earned money simce so many year and moreever its a deal witj jeo and whats up not for reliance and facebook so this need to ne clear and jeo was orignated only with reliance investor and if they decide for split in future or IPO ..we share holder need a clear picture..we know about reliance retail
This need minority share holder approval as small investor have invested since many year and the deal has to be transperent with share holder and need aporoval ..Reliance owner can not only decide to sell 10%Stake but its a concern for petty small investor who have been investing their hard earned money simce so many year and moreever its a deal witj jeo and whats up not for reliance and facebook so this need to ne clear and jeo was orignated only with reliance investor and if they decide for split in future or IPO ..we share holder need a clear picture..we know about reliance retail
Sir – From available accounts, FB & JP are in different stages of development of their e-commerce business to support small businesses and kirana stores. The two would collaborate on sharing their respective technologies to encourage e-commerce business and e-payment services for such entities. Reliance Retial is in the process of launching its marketplace JioMart. It will allow millions of local retailers and kirana merchants to list their products on the portal and sell to customers. It is currently under trial in select areas of Maharashtra – Navi-Mumbai, Thane and Kalyan. WhatsApp is already active in connecting small businesses in India; for this the existing users have to simply change their status to WhatsApp Business. Many small businesses are already using the services to promote their offerings and take orders from clients, get their feedback etc., via WhatsApp. It can be used conveniently from any network, whether it is Bharti Airtel or Vodafone Idea or Reliance Jio or BSNL / MTNL. I hope FB & JP will work closely to ensure that consumers are able to access the nearest kiranas who can provide products and services to their homes by transacting seamlessly with JioMart using WhatsApp.
May i submit a broader point. In the tech field, every day every company should challenge itself and bring out new and interesting services. Afterall, there is a natural cap, you cannot sell more than a specified number of SIMs, but there is always a possibility of expanding & offering new services which are attractive for the consumers. Those companies which lack agility and want protection for their lethargy start kicking and screaming whenever someone innovates. Please don’t mind. I don’t just mean the legacy media and telecom companies 😉
Respected Sir, The investment is for a minority stake. It is not a merger. The data with respective groups are very dear to either party. Why would they share the same with each other? Moreover, Net Neutrality and Data Protection laws are very rugged and strong in Modi ji’s India. Where’s the question of any misuse or violation? Yes, certain vested interests, have started misinformation campaigns and are engaging in false propaganda against this investment by issuing tweets, columns and white-papers alleging that the deal would allow sharing of subscriber data and violate the net-neutrality norms. These allegations are comical. A highly reputed US based technology company, investing in another highly reputed Indian company, both committing to abide by the Indian laws, doesn’t deserve illiterate suspicion.
Dear Sir – There’s good reason to welcome the $5.7 billion foreign investment agreed to be made by Facebook for a 9.99% stake in Jio Platforms or Reliance. Isn’t it heartening to note that such a big investment has come amidst worldwide business gloom? Isn’t it an opportunity for a much needed FDI infusion in fueling of our Nation’s economy?
Sir-Let’s get the facts here, There is *no* exclusivity in the Jio-FB deal. If, Bharti Airtel or Vodafone Idea, also have concrete plans, they too can persuade FB or any other global tech giant or OTT for investments and technology tie-ups. Also, there is *no* consumer/subscriber data sharing between the two groups. Conversely, if FB sees any value in others’ products, they are also free to take such calls. There is *nothing* to show that Jio/FB will exclusively promote each-others products or services on their platforms. There is also *no* preferential treatment in the allocation of network resources for traffic handling.
This need minority share holder approval as small investor have invested since many year and the deal has to be transperent with share holder and need aporoval ..Reliance owner can not only decide to sell 10%Stake but its a concern for petty small investor who have been investing their hard earned money simce so many year and moreever its a deal witj jeo and whats up not for reliance and facebook so this need to ne clear and jeo was orignated only with reliance investor and if they decide for split in future or IPO ..we share holder need a clear picture..we know about reliance retail
This need minority share holder approval as small investor have invested since many year and the deal has to be transperent with share holder and need aporoval ..Reliance owner can not only decide to sell 10%Stake but its a concern for petty small investor who have been investing their hard earned money simce so many year and moreever its a deal witj jeo and whats up not for reliance and facebook so this need to ne clear and jeo was orignated only with reliance investor and if they decide for split in future or IPO ..we share holder need a clear picture..we know about reliance retail
Sir – From available accounts, FB & JP are in different stages of development of their e-commerce business to support small businesses and kirana stores. The two would collaborate on sharing their respective technologies to encourage e-commerce business and e-payment services for such entities. Reliance Retial is in the process of launching its marketplace JioMart. It will allow millions of local retailers and kirana merchants to list their products on the portal and sell to customers. It is currently under trial in select areas of Maharashtra – Navi-Mumbai, Thane and Kalyan. WhatsApp is already active in connecting small businesses in India; for this the existing users have to simply change their status to WhatsApp Business. Many small businesses are already using the services to promote their offerings and take orders from clients, get their feedback etc., via WhatsApp. It can be used conveniently from any network, whether it is Bharti Airtel or Vodafone Idea or Reliance Jio or BSNL / MTNL. I hope FB & JP will work closely to ensure that consumers are able to access the nearest kiranas who can provide products and services to their homes by transacting seamlessly with JioMart using WhatsApp.
May i submit a broader point. In the tech field, every day every company should challenge itself and bring out new and interesting services. Afterall, there is a natural cap, you cannot sell more than a specified number of SIMs, but there is always a possibility of expanding & offering new services which are attractive for the consumers. Those companies which lack agility and want protection for their lethargy start kicking and screaming whenever someone innovates. Please don’t mind. I don’t just mean the legacy media and telecom companies 😉
Respected Sir, The investment is for a minority stake. It is not a merger. The data with respective groups are very dear to either party. Why would they share the same with each other? Moreover, Net Neutrality and Data Protection laws are very rugged and strong in Modi ji’s India. Where’s the question of any misuse or violation? Yes, certain vested interests, have started misinformation campaigns and are engaging in false propaganda against this investment by issuing tweets, columns and white-papers alleging that the deal would allow sharing of subscriber data and violate the net-neutrality norms. These allegations are comical. A highly reputed US based technology company, investing in another highly reputed Indian company, both committing to abide by the Indian laws, doesn’t deserve illiterate suspicion.
Dear Sir – There’s good reason to welcome the $5.7 billion foreign investment agreed to be made by Facebook for a 9.99% stake in Jio Platforms or Reliance. Isn’t it heartening to note that such a big investment has come amidst worldwide business gloom? Isn’t it an opportunity for a much needed FDI infusion in fueling of our Nation’s economy?
Sir-Let’s get the facts here, There is *no* exclusivity in the Jio-FB deal. If, Bharti Airtel or Vodafone Idea, also have concrete plans, they too can persuade FB or any other global tech giant or OTT for investments and technology tie-ups. Also, there is *no* consumer/subscriber data sharing between the two groups. Conversely, if FB sees any value in others’ products, they are also free to take such calls. There is *nothing* to show that Jio/FB will exclusively promote each-others products or services on their platforms. There is also *no* preferential treatment in the allocation of network resources for traffic handling.