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Bank of America values Jio Platforms at over $100 billion

 8 months ago
source link: https://nextbigwhat.com/bank-of-america-values-jio-platforms-at-over-100-billion/
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Home / News / Bank of America values Jio Platforms at over $100 billion

Bank of America values Jio Platforms at over $100 billion

  • Bank of America has valued Mukesh Ambani’s Jio Platforms at $107 billion, a 64.6% increase from its $65 billion valuation in 2020.
  • The valuation reassessment comes as Reliance plans initial public offerings for Jio Platforms and Reliance Retail.
  • Bank of America expects Jio Platforms to continue adding subscribers and make further inroads with JioBharat and Jio AirFiber.
BofA-gives-Ambanis-Jio-Platforms-b24e4rsc.jpg?fit=4000%2C2667&ssl=1
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