Several week ago Facebook invested $5.7 billion into Reliance Jio platforms, hoping to enable e-commerce through JioMart and WhatsApp, which is building its payment services.
Now, there is news that notes that some WhatsApp data will be shared with Jio which help WhatsApp users to carryout transactions on JioMart. The officials said that nothing more will be shared between Jio and WhatsApp, apart from data essential for transactions.
The data sharing relationship between Jio and WhatsApp could be similar to how it is between WhatsApp and Facebook. When WhatsApp integrated with Facebook, that according to Facebook, helps the company offer richer and more integrated services to both Facebook and Whats App users.
The primary focus of Jio and Facebook is to turn WhatsApp into a super app, similar to WeChat in China, through which users will not be able to chat but will also be able to buy goods or pay for services, even from local shops.
While collaborating with Reliance Jio , Facebook made it clear that this investment was aimed at building a viable e-retail platform centred around WhatsApp. Both Jio and Facebook wanted to create new ways for people and businesses to operate more effectively in a growing digital economy.
