Step 1 : Introduction to the question "In a sign of how large tech companies are forging ahead in the pandemic, Facebook invested $5.7 billion in Jio Platforms, an enormous bet on a developing market. In which country is Jio based? "
...1. Brazil
2. Colombia
3. Egypt
4. India
Step 2 : Answer to the question "In a sign of how large tech companies are forging ahead in the pandemic, Facebook invested $5.7 billion in Jio Platforms, an enormous bet on a developing market. In which country is Jio based? "
India:
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Jio Platforms is a subsidiary of one of India’s biggest multinational companies and a major provider of cellular and internet services in the country. The investment announced on Tuesday, which requires regulatory approval, would give Facebook a 9.99 percent stake in Jio Platforms, Jio said. India is a large market for Facebook; more than 400 million people in the country use WhatsApp, its global messaging service, while more than 300 million people use the company’s core social network.
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