At Reliance’s Annual General Meet 2020, the company’s chairman Mukesh Ambani announced a host of new plans and an investment that prompted many to react on social media with memes.
At the event that was held virtually this year, the company announced that Google will invest Rs 33,737 cr for a 7.7 percent stake in Jio Platforms. In addition, Ambani said the company is developing products like Jio TV Plus, Jio Glass, and more. The company also announced details about a potential Jio 5G solution.
The many announcements prompted people to share plenty of memes on how they felt about the announcements. Many also shared memes to depict how other telecom companies would feel about the announcements.
— Vishwas Kukreti (@VishwasKukreti) July 15, 2020
— Sagar…🌊 (@s_s_p_15) July 15, 2020
— Gaurav Mishra (@Imkgauravmishra) July 15, 2020
Meanwhile Other Telecom Company: pic.twitter.com/x6eqAfDESS
— It’s me Shubham (@endearing_panda) July 15, 2020
— Shivangi (@memekayanat) July 15, 2020
— Shambu (@shambumahajan) July 15, 2020
— Saksham Jain (@Saksham003) July 15, 2020
Customer to Mukesh Ambani pic.twitter.com/bFwjOczOxu
— Atul 🇮🇳 (@dikhhat_hai_) July 15, 2020
People were particularly intrigued by the new mixed-reality Jio Glasses unveiled at the event.
“Jio Glass is making teachers and students come together in 3D virtual rooms and conduct holographic classes through our Jio Mixed Reality cloud in real-time. With Jio Glass, the traditional way of learning Geography will now be History,” the company said.
Here’s how people reacted to the announcement:
Me during office meeting: pic.twitter.com/6Teiz5bvqS
— Krutarth Shah (@krutarth03_shah) July 15, 2020
— Harsh Jobanputra (@harshMJ2201) July 15, 2020
— Vaishnavi 🇮🇳 (@Being_Vinni) July 15, 2020
— Risssshabh👶 (@Sarcasmiclol) July 15, 2020
— Ramit jain (@rjramitjain) July 15, 2020
— shashidhar srivastava (@shashidharsriv4) July 15, 2020
People using Jio Glass : pic.twitter.com/EeHmNGzJDr
— Priyanka Gupta (@Priyanka218__) July 15, 2020
RIL is partnering with Google for the development of its Jio products. Google had announced years ago that it was working on a device that would incorporate eyeglasses with a computer called Google Glass, but the product was never made available for retail consumers.
At the event, Ambani said India’s first cloud-based video conferencing app JioMeet has seen 5 million downloads within days of launch.
The company also announced launch of a mega streaming service called JioTV Plus, that is a content aggregator bringing Over The Top (OTT) platforms, TV channels, various apps, and services to its Jio set-top-box users.