(Bloomberg)—Facebook Inc.’s $5.7 billion investment in a unit of India’s Reliance Industries Ltd. creates an ecommerce leviathan to take on Amazon.com Inc. (No. 1 in the 2020 Digital Commerce 360 Top 1000) and Walmart Inc. (No. 3) in one of the world’s most competitive internet arenas. The deal twins WhatsApp with Reliance’s nearly 400 million […]
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