Jio Platforms has reeled in another big investor, with Saudi Arabia’s sovereign wealth fund agreeing to pump $1.5 billion into India’s largest mobile commerce company....
Mubadala Investment Co., an investment arm of the government of Abu Dhabi in the United Arab Emirates (UAE), is investing $1.2 billion in Jio Platforms, the Indian telecommunications firm,...
In today’s top news, Uber lays off 600 workers in India, venture capital firms seek acquisitions amid lower prices, and economists are beginning to forecast...
Reliance Industries, aiming to compete in India with Walmart’s Flipkart and Amazon’s delivery services, has launched JioMart as a food delivery service for the country’s...
Even amid the economic headwinds that are blowing on a global scale, some investors are finding opportunity in what are seen as longstanding or even...
Jio Platforms Ltd., India’s largest mobile operator, announced it is raising 113.67 billion rupees ($1.5 billion) from Vista Equity Partners, the U.S. private equity firm....
Online brands are growing their presence in the physical world by bringing their products into brick-and-mortar stores. Ouai, a hair and body care brand founded by...
As it aims to tap into its massive digital subscriber base to take on worldwide eCommerce companies, Mukesh Ambani’s Reliance Industries is launching an early...
Reliance Industries in India has aligned with U.S.-based luxury jeweler Tiffany & Co to open a line of stores in the country, Reuters reported on...