Dec 02, 2020 06:52 PM (GMT+8) · EqualOcean
Ant group is considering selling a 30% stake in paytm, India's largest mobile payment and commerce platform, according to Reuters on December 2. In response, ant group said the news was not true. Small financial note: in September 2015, Alibaba group and ant group invested 680 million US dollars in one97 (parent company of paytm). In March 2017, Alibaba led the $200 million financing of paytm's new e-commerce division.