Jio Platforms DRHP flags minor social media ban as material risk to data consumption growth
Jio's IPO prospectus warns that potential bans on minors using social media and gaming curbs could dent data usage, citing 400M+ Indian users on Facebook, Instagram and YouTube. Filing seeks 270M fresh shares as monthly data per user targets 59.2 GB by FY31 from 25.7 GB in Q3 FY26.
Jio Platforms' DRHP flags potential social media bans for minors and gaming curbs as risks to data consumption, citing India's 400M+ user bases on Meta and YouTube. IPO seeks fresh issue of 270 million shares.