About: http://data.cimple.eu/news-article/7e1c94d06e6f9c84f99b4ddc6b43f0d8121ee49d29f940938be78308     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • Google is in "advanced talks" to buy a $4 billion stake in the Jio digital platforms business of India's richest man, Mukesh Ambani, Bloomberg reported Tuesday, as major tech firms race to tap into the massive nation's market. The US technology giant has been in talks to invest in Jio Platforms, part of Ambani's oil-to-telecoms Reliance Industries empire, Bloomberg said citing sources, with an announcement "as soon as in the next few weeks". The report came a day after Google's chief executive Sunder Pichai said it would invest $10 billion in the country of 1.3 billion people over the next five to seven years. Foreign firms have spent tens of billions of dollars in India in recent years as they fight for a piece of the Asian giant's burgeoning digital economy. This year alone, major players including Facebook, Intel and others have ploughed some $15 billion into Jio Platforms. Ambani is aiming to take on US giants Amazon and Walmart in India's growing e-commerce space. The tycoon said in mid-June that his Reliance conglomerate was net debt free after raising more than $22 billion in a rights issue and selling stakes in Jio Platforms. grk/je
schema:headline
  • Google in talks for $4 bn stake in India's Jio digital platforms: Bloomberg
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 3 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software