Social distancing has meant increased usage of technology and digital solutions, which is driving investors towards tech companies. RIL has tapped into this heightened interest for technology investments by positioning Jio as a digital platform company.
Why is Jio valued so much?
Jio Platforms is a subscription driven model and has a lot of consumer data. It uses latest technology and cloud computing for delivery which decouples revenue from the number of users or subscribers that one has.
Is Jio really profitable?
Reliance Jio has reported a profit decline of nearly 4% with net profit of ₹3,508 crore. … Jio also witnessed a major slump in average revenue per user (ARPU), which fell to ₹138.2, a decline of over 8%.
Why Jio is getting investment Quora?
Future growth potential attracts investors, as they expect to get better Return on Investment (ROI) for their investments. In the recent quarter, Jio’s profit was Rs. 2,331 crore whereas Airtel reported a net loss of Rs 5,237 crore.
Which companies invested in Jio and why?
The subscription amount of Rs 1,894.5 crore came from Intel Capital for 0.39 per cent stake in Jio Platforms, and Rs 730 crore came from Qualcomm Asia Pacific for 0.15 per cent stake.
How was Jio valued?
Also Read: What is Reliance Jio Glass? Investments from the previous investors, including Vista, General Atlantic, KKR, Mubadala, TPG, L Catterton, Intel Capital and Qualcomm Ventures have valued the company at an equity value of Rs 4.91 lakh crore and at an enterprise value of Rs 5.16 lakh crore.
How much is Jio worth?
Valuation. In May 2020, the enterprise value of Jio Platforms was estimated to be ₹5.15 trillion (US$72 billion). The company was also reported to be more valuable than all other businesses of RIL put together.
Is Jio losing customers?
The company lost 0.2 million active subscribers and its market share of active user base declined to 26.1%. As of February, Bharti has the highest number of active subscribers at 340 million, followed by Jio at 324 million and Vodafone Idea at 256 million.
Is Jio stealing data?
However, when you switch off mobile internet, data usage is turned off. But Reliance Jio uses a different technology. It uses VoLTE technology to transcode voice calls through the data pack. … But if you have Jio network, you will be charged for incoming calls too – since consumes data as well.
Does Jio break even?
KOLKATA: Reliance Jio Infocomm is likely to break even at the Ebitda (earnings before interest, taxes, depreciation & amortisation) level by FY18 with at least 83 million customers generating an ARPU (average revenue per user) of Rs 246 per month, analysts and experts said, enthused by the 4G newcomer’s strong 60% …
How can I invest in Reliance Jio?
Now Google is the latest company that has invested around $4.5 billion for the 7.73% stake in the Reliance Jio. So far the RIL has now raised $20.2 billion (Rs.
|Investor||Stake (%)||Investment (MN $)|
|4. General Atlantic||1.30||873|
|7. Abu Dhabi Investment Authority||1.16||750|
What is Jio platform Quora?
Jio Platforms uses latest technology and cloud computing for delivery which decouples revenue from the subscribers base. Jio Infocomm is capex heavy and has a linear revenue model so it does not offer much in terms of valuation. : 44 views. View upvotes.
Who has invested in Jio?
Before Retail Retail, RIL had raised about Rs 1.52 lakh crore for Jio Platforms from global investors, including Facebook, Google, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton, Public Investment Fund of Saudi Arabia, Intel Capital and Qualcomm Ventures, for a total …
What makes Jio different?
Jio has to maintain only one network (the one for data) while others have to run one network each for voice and data. Equipment needed is much lower for Jio hence lowering their cost.
Who has invested in Jio Mart?
Reliance Set to Expand JioMart From Groceries to Fashion, Electronics, Healthcare With Google Investment of Rs 33,737 Crore. A hyperlocal delivery business launched by Reliance Industries, JioMart currently provides home delivery of groceries that includes staples, FMCG products as well as fresh produce.