Weekly Insights - August 30, 2020

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1) Reliance retail acquires Future Group's retail and wholesale business for Rs 24,713 crore. The retail business of Future Group includes popular brands like Big Bazar, Central, Brand Factory, FBB, Nilgiris, aLL, Easyday club, Heritage Fresh, WHSmith, 7 Eleven, Aadhar Retail & Supermarket.
Reliance Retail and Future Group Retail, The White Insights

2) Apple vs. Facebook: Facebook warns investors that Apple's secured iOS 14 will hurt its advertising business. 98% of FB's revenue comes from the advertising business at $18.32 billion in Q2 2020.
Apple vs. Facebook, secured IOS 14 and FB's ad business, The White Insights

3) Apple Inc's market capitalization hits $2 trillion mark which is as much as Italy's GDP that stands for 9th in largest the world.
Apple $2 trillion company, more than Italy's GDP, Netfliz, Visa, P&G, Paypal, Walmart, The White Insights

4) Jio Savan: Reliance owned music streaming service Jio Savan announces strategic partnership with Tiktok's alternative Triller. As a part of the new partnership, JioSavan will embed Triller into its application.
Jio Savan partners with Triller, The White Insights

5) TATA Super App: Tata group is set to launch a super eCommerce app by December to compete with Amazon and Reliance.
TATA CliQ, new super app by Tata, The White Insights

6) Opinion-O: Invest. Analyze. Grow.
Analyze, Invest, Grow, The White Insights

7) Big investors of Reliance Jio Platforms.
Big Investors in Reliance Jio Platforms, The White Insights

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