Meta Platforms partners with Jio Platforms to bring grocery shopping inside WhatsApp
August 30, 2022
Trending News 🌥️
Meta Platforms Intrinsic Value –
The new service will let customers in India go through JioMart’s full grocery catalog on WhatsApp, add items to their cart and make payments without leaving the app. Meta Platforms($NASDAQ:META) shares fell nearly 1% to $160.30 in premarket trading on Monday. This new partnership between Meta Platforms and Jio Platforms could potentially bring in a lot of new users for Meta Platforms, as well as increase the amount of time that users spend on the platform. In turn, this could lead to more advertising revenue for Meta Platforms.
However, it is still too early to tell how this will affect Meta Platforms’s market and earnings in the long term.
Price History
This is a big move for both companies, as it will make WhatsApp an even more essential part of people’s lives in India. For Meta Platforms, this is an opportunity to get even more people using its messaging app, while Jio Platforms gets to tap into WhatsApp’s huge user base. The partnership will allow Jio Platforms to set up a dedicated e-commerce store inside WhatsApp, where users will be able to browse and purchase groceries. This is a big deal in India, where WhatsApp is used by millions of people on a daily basis. With this partnership, Jio Platforms will be able to reach an even larger audience and sell more products. This is a win-win for both companies, and it will be interesting to see how it plays out in the coming months.
VI Analysis – Meta Platforms Intrinsic Value
A company’s fundamentals reflect its long term potential. The intrinsic value of a stock is the sum of all future cash flows, discounted at the rate of return that the investor requires. The VI Line is a tool that estimates the intrinsic value of a stock, based on the company’s fundamentals. The intrinsic value of Meta Platforms share is around $335.6, calculated by VI Line. Now Meta Platforms stock is traded at $159.2, undervalued by 53%.
Summary
This will allow WhatsApp users in India to shop for groceries directly from the app. The partnership will also allow Meta Platforms to tap into Jio’s huge user base in India. This partnership is a win-win for both companies. Meta Platforms will get access to Jio’s huge user base, and Jio will get access to Meta Platforms’s massive global reach.
