Tag Archives: ALIBABA

Alibaba exits India, offloads remaining 3.4% Paytm stake

Chinese firm had sold 3.1% stake in fintech giant in Jan. Paytm shares slumped close to 9% on Friday after Chinese e-commerce giant Alibaba offloaded its entire holding in the online payments aggregator.According to data from NSE, Alibaba sold 21,431,822 shares of Paytm’s parent One97 Communications in a bulk deal …

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