Report
Meta and Google could have nearly ₹1 lakh crore in combined paper gains on Jio Platforms
ETMarkets bases the estimate on the proposed IPO price band's upper end and says neither company is selling shares.
TLDR
ETMarkets says Meta and Google could be sitting on a combined paper profit of nearly ₹1 lakh crore from their 2020 investments in Jio Platforms, based on the upper end of the proposed IPO price band. Neither company is selling any shares, the outlet says.
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