Major deals

Google will buy 7.7% of India's Jio Platforms for $4.5 billion, the first and largest $10 billion investment that Google will spend on India's digital economy within 5-7 years. The deal will help the company expand its presence in the country and benefit from the proximity of the Jio owner to the government. Google and Jio will also partner to create a low-cost 4G or even 5G smartphone for India, which will enable tens of millions of Indians to use mobile Internet for the first time.