According to unnamed sources , in April China 's Alibaba Group will favourably consider selling its stake in Paytm , India 's e - commerce and mobile wallet company that is valued at $ 3.4bn . Currently , the Chinese e - commerce company , along with affiliate mobile wallet , owns around 40 shares , making it the largest shareholder .
According to unnamed sources, in April China's Alibaba Group will favourably consider raising its stake in Paytm, India's e-commerce and mobile wallet company that is valued at $3.4bn. Currently, the Chinese e-commerce company, along with affiliate Ant Financial, holds around 40%, making it the largest stakeholder.