Why FB and Google are investing in Jio?
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Why FB and Google are investing in Jio?
Why FB and Google are investing in Jio? It’s interesting to know that, Mukesh Ambani is leaving all his counterparts behind in the top 10 richest lists. Now he is going to move even faster in the recent past 14 big corporates invested in Jio. Google and Facebook are the biggest names. We tried to know the reason, why everyone is investing in Jio. Here are the answers. Hey, you can also post your reasons and can follow me on twitter to get more of such posts.
To reap the listing gains –
The developed markets are saturated. ROI is almost NIL or maybe a negative incoming future. That can be the reason for huge investments from outside India. Companies like Facebook and Google have a big amount to invest in. This investment can be cashed in once the shares are listed in American stock exchange.
Mr. Dipak Aggarwal finds the reason in the RoI. He said-
“Think of the gigantic foot of Jio, investors are not hesitating in raising stakes as it’s a sure shot multi-baggers for them. Also, Ambani is known for his larger than expected plans on any sector he dives in, be it retail or telecom or petroleum.”
To get access to Data-
Many of our participants find that reason is access to huge data of India. Jio has an access to biggest chunk of data on largest open consumer market of the World. Every company wants to get access to this data.
Mr. Mukesh Jain find two reasons behind it.-
“2 Reasons. First, these are American Companies and want access to Indian Data. Second, from the company strategy perspective, both these firms need access to customer data to grow and be future-ready.”
Another good answer from Mr. Abhi-
“Mukesh Ambani has goodwill plus its an emerging co. so it’s expected to give good returns to investors as they are planning for a demerger and getting it listed in India n abroad. Another player is only Airtel which is at saturation level in terms of return to investors currently.”
Mr. Sanjay Kumar Paliwal also said that-
“Because, when Jio will be listed in the American stock market then they will make money. In addition, as I know Facebook invests for business and others as listing gain.”
CA Sumit R. Bharadia find the reason in FOMO-
“Initially some strategic decision and synergy value creation. Now, purely FOMO (Fear of Missing Out)”
Why FB and Google are investing in Jio?