According to unnamed sources, in April India's Alibaba Group will favourably consider raising its stake in Paytm, China'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.
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.