Together, FB and Jio have become a value creation platform: Mukesh Ambani
December 15, 2020
RJio had maintained network availability across the country through the pandemic, he further added. Before the partnership, Facebook and Jio Platforms were connectivity platforms but following the deal these together have become a value creation platform, according to Reliance Industries Chairman and Managing Director Mukesh Ambani.
“Perhaps not many people have understood this. Before this partnership, I believe, that each one of us was mainly a communication platform. Together, we now have become a value creation platform for our customers and small businesses, and I firmly believe technology with all the digitisation steps that India has taken will democratise wealth and value creation for individuals and small businesses,” Ambani said at ‘Fuel for India 2020’.
RIL Chairman Mukesh Ambani shares 3 entrepreneurship lessons he learnt from his father Dhirubhai Ambani
RIL Chairman Mukesh Ambani spoke about the entrepreneurship lessons he learnt from his farther Dhirubhai Ambani during a conversation with Facebook founder Mark Zuckerberg at Facebook Fuel for India 2020. December 15, 2020 / 10:28 PM IST
Reliance Industries (RIL) Chairman Mukesh Ambani on December 15 spoke about three lessons on entrepreneurship he learnt from his father Dhirubhai Ambani, who founded the conglomerate, during a conversation with Facebook founder Mark Zuckerberg at Facebook Fuel for India 2020.
Zuckerberg praised Dhirubhai Ambani s vision, and said he has an incredible legacy in India.
“Jio brings digital connectivity, WhatsApp now with WhatsApp Pay brings digital interactivity, and the ability to move to close transactions and create value, and Jio Mart brings the unmatched online and offline retail opportunity, that gives our small shops which exist in villages and small towns in India, a chance to digitize and be at par with anybody else in the world,” Ambani said.
The RIL boss added: Jio has pioneered free voice services. Proud that Jio has powered free voice on its network.
It is worth mentioning here is that the virtual event comes at a time when the social media behemoth is facing scrutiny over its content regulation policies. Plus, Facebook is also facing anti-trust proceedings in the US. In April this year, RIL had announced that Facebook would invest $5.7 billion (about Rs 43,574 crore) to buy 10 per cent stake in its digital services arm Jio Platforms.