Reliance Industries and social media big Facebook collectively can introduce a brand new tremendous app like WeChat in India. WeChat is a multi-purpose messaging app in China that can be utilized for textual content messaging, social media, cell funds, flight reserving and plenty of different features and therefore additionally it is known as tremendous app.
According to a report by The Economic Times, Reliance Jio and Facebook are engaged on a multipurpose app that won’t solely function a messaging platform but in addition a one-stop-shop for grocery, clothes and so forth. and can be capable of make funds via JioCash right here.
The app's idea is kind of much like China's WeChat which affords numerous service via its app and the app has one billion month-to-month lively customers. <! –
The app has develop into a part of China's life-style since its launch in 2011. Due to a big consumer base on WeChat, the Chinese authorities can monitor the actions of customers on the app.
India is the world's largest democracy and now it’s contemplating a brand new tremendous app in affiliation with social media big Facebook. According to an ET report, Morgan Stanley has been appointed as an funding banker for the challenge and consultants and attorneys are monitoring tax and mental property rights.
In this manner, Reliance will enhance its shopper business by connecting with folks and also will perceive the customers' spending habits.
It just isn’t clear but how Reliance and Facebook will save WhatsApp amidst all this. Will this tremendous app be a separate app or will some new features be added on Whatsapp too? The report additionally stated that as a result of worldwide epidemic, discussions are being delayed.