June 14, 2020
Facebook and Amazon race to India

On 21/04/2020, Facebook Inc and Reliance Industries Limited reported on Facebook’s $5.7 billion investment in Jio Platforms. Less than two months later, on 04/06/2020, Reuters reported that Amazon is considering a $2 billion investment in India’s Bharti Airtel. This short article ponders on the rationale for these tech-giants’ race to India.

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