Sundar Pichai, Alphabet CEO.
David Paul Morris | Bloomberg | Getty Images
Google confirmed Wednesday it’s investing $4.5 billion into Indian digital services firm Jio Platforms in exchange for a 7.7% stake in the company, which is valued at $65 billion.
The investment, reported by Bloomberg on Tuesday and confirmed by Google VP Sameer Samat in a blog post, comes less than four months after Facebook said it was pumping $5.7 billion into Jio Platforms.
Owned by Mukesh Ambani’s Reliance…
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