Alibaba, one of Paytm’s earliest investors, reportedly sold a 3.4% stake in the fintech company today, reducing its ownership to zero. According to sources close to the situation, in today’s block deal, Chinese investor Alibaba sold its entire stake in Paytm. According to ANI, One97 Communications Ltd (OCL), Paytm’s parent company, transferred 3.4% of its … Continue reading "Alibaba reportedly withdraws its holdings at Paytm"
The post Alibaba reportedly withdraws its holdings at Paytm first appeared on Fone Arena.
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