India: Google acquires 7.7% in Reliance's digital unit for $4.5b

India: Google acquires 7.7% in Reliance's digital unit for $4.5b

REUTERS/Danish Siddiqui

India’s Reliance Industries on Wednesday said Alphabet Inc’s Google will buy a 7.7% stake in its digital unit for $4.5 billion, winning the backing of another U.S. tech giant after Facebook Inc in late April.

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