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Gojek raises funding from Facebook and PayPal

The investment will boost Gojek operation and accelerate digital payments adoption among small businesses.

Facebook employees criticize Mark Zuckerberg for being Neutral over Protest

Over a dozen Facebook employees criticize founder Mark Zuckerberg for not taking action over President Trump’s comment which incite violence in the US cities.

Indian Ledger App Khatabook raises $60 million in funding by Facebook Cofounder

Khatabook raises $60 million in equity round funding led by Facebook co-founder Eduardo Saverin’s B Capital Group & Others.

Reliance Jio total funding: Facebook, Silver Lake, Vista Equity Partners & General Atlantic Invests $8.8 billion

The US-based private firms invest $8.8 billion in Reliance Jio for 15% Stake, sets an enterprise value of $68 billion.

Facebook Acquired GIPHY for $400 million

Facebook would integrate Giphy’s animated graphics in its social network platform Instagram.

Facebook Launched Messenger Kids With Parental Control

Facebook launched a new online chat app for kids called Messenger Kids to 70 new countries during this virus lock down.

Facebook buys Reliance Jio 9.9% Stake for $5.7 billion

Social media giant Facebook acquires 9.9% stake in Reliance Jio USD 5.7 billion.

Facebook Looking to Acquire 10% Stake in India’s leading Telecom Company

According to Financial Times report, Facebook is in talks to acquire 10% stake in India’s leading telecom company Reliance Jio.

Facebook Messenger Set to Battle Against Coronavirus

Facebook enlisting outside developers to create ways its Messenger service can help health organizations to Battle against Coronavirus.

Unacademy Raises USD 110 mn Led by Facebook & Others

Unacademy raises USD 110 million in funding led by social media major Facebook and General Atlantic.

Facebook Acquire AI Location Accuracy Startup Scape Technologies

Social media platform Facebook has acquired London based computer vision start-up Scape Technologies.