After the investment of $ 5.7 billion dollars in Facebook, Google invests $ 4.5 billion in the indian service Jio Platform. The firm of Mountain View will also collaborate with the latter on a smartphone affordable, as well as a version of Android optimized.
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In the past few months, media tech does not cease to speak of society Jio Platforms and an operator that also offers online services, in India. In fact, in the month of April, Facebook decided to invest $ 5.7 billion in this company, which today counts 400 million users. In addition to holding the units on Jio Platforms, Facebook also wants to collaborate with this company on a number of projects related to trade online.
And after Facebook, it is Google who pulls out his checkbook. In effect, the firm of Mountain View has just announced an investment of $ 4.5 billion, which will allow it to hold a share of 7.73 % on Jio Platforms. And, investing with this indian service, Google is expected to also participate in the increase in the number of users of smartphones (Android) in India. While Google already offers Android Gb for smartphones low cost, it is going to work with Jio to develop a smartphone affordable, and optimization of Android.
“Google and Jio Platforms have entered into a commercial agreement to jointly develop a smartphone entry-level affordable with optimizations for the operating system Android and the Play Store. Together, we are excited to rethink, from the inside out, how millions of users in India can become owners of smartphones. This effort will open up new opportunities, will fuel a more vibrant ecosystem of applications and stimulate innovation to drive the growth of the new indian economy “, indicates the firm of Mountain View. The website TechCrunch reports that the devices developed by Google and Jio would be compatible with the 5G.
India lot of interest in the giants of the digital
In essence, investing in Jio, Google contributes to the increase in the number of internet users in the country. But the firm will also ensure that affordable smartphones are available for Indians. And if the announcement concerns only India, Google already evokes long-term impacts on the smartphone market in the world. ” We want to work with Jio and other leaders of the local ecosystem to ensure that the smartphones, as well as the applications and services available in the Play Store, are within reach of many more Indians across the country. And we believe that the pace of innovation in indian means that the experiences we are creating for India can eventually be extended to the rest of the world “, says Google.
In the beginning of the week, it had announced a fund of 10 billion dollars to accelerate the digital transformation in India. In the announcement of this fund, Sundar Pichai, the CEO of Google, had explained that when the company develops products for India, this helps the firm to better develop products for other countries.
Otherwise, it should be noted that other u.s. companies have already invested in Jio Platform, not to mention that Qualcomm and Intel.
