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Reliance Jio postpones its 2025 IPO to boost revenues and expand digital services.
Reliance Jio Platforms, led by Mukesh Ambani, has postponed its planned 2025 IPO to achieve higher revenues, a larger subscriber base, and to expand its digital offerings.
Jio, valued at over $100 billion, aims to strengthen its telecom business and grow its enterprise-focused digital services before entering the stock market.
This delay comes after shares of its parent company, Reliance Industries, saw a sharp decline.
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Reliance Jio pospone su IPO para 2025 para aumentar los ingresos y expandir los servicios digitales.