Under the leadership of RIL chairman, Mukesh Ambani the US tech giants invested in Jio in great amounts. Previously Facebook invested in a huge amount and now, tech Google will invest Rs 33,737 cr. After this huge investment, Google will hold a 7.7% stake in the Jio Platforms.
In a press meet, the Jio officials confirmed this news. They also launched JioTV+, a mega streaming service. This includes the content over the top(OTT) platforms. These are Netflix, Amazon Prime, Disney Plus Hotstar, SonyLiv, Voot, Zee5, Jio cinema, Jio Saavan, and many more in the one roof.
Effect on India-China Face-off
With this news, all the telecom and communication industries will face trouble. Especially, Chinese leading Information and Communication Technology provider Huawei will face huge difficulty to promote and sell its products. Also, the affordable cost of Jio fiber and its technologies, attract more customers.
Nations are already upset with China, and it leads India’s Jio to the world leader of infrastructure and smart devices. With the hands of global leading tech giant Google, Microsoft, and Facebook, Jio will lead globally.
Social Media Reaction:
And, after announcing to launch Jio TV+, Jio meets, Jio glass, and 5G technology, social media is full of memes. Some of the funny memes are