Paytm

News & Analysis

Japanese Internet Giants Join Forces as Mobile Payment Race Heats Up

27 March 2019 • By Bloomberg

27 March 2019 • By Bloomberg

Line and Mercari are teaming up to face powerful rivals, such as Ratuken, SoftBank and India's Paytm.

News & Analysis

Japanese Internet Giants Join Forces as Mobile Payment Race Heats Up

Line and Mercari are teaming up to face powerful rivals, such as Ratuken, SoftBank and India's Paytm.

News & Analysis

Paytm Culls 85,000 Sellers in Bid to Avoid Fakes and Build Consumer Trust

19 July 2017 • By Bloomberg

19 July 2017 • By Bloomberg

Paytm Mall, the latest entrant into India’s online retailing market, de-listed thousands of suspect sellers from its platform to avoid backer Alibaba's reputation as a haven for fakes.

News & Analysis

Paytm Culls 85,000 Sellers in Bid to Avoid Fakes and Build Consumer Trust

Paytm Mall, the latest entrant into India’s online retailing market, de-listed thousands of suspect sellers from its platform to avoid backer Alibaba's reputation as a haven for fakes.

News & Analysis

Alibaba Said to Lead $200 Million Funding for Paytm’s E-Commerce Unit

3 February 2017 • By Bloomberg

3 February 2017 • By Bloomberg

A valuation of over $1.1 billion makes the spinoff India’s newest unicorn, and its founder and chief executive officer Vijay Shekhar Sharma a unicorn-founder twice over.

News & Analysis

Alibaba Said to Lead $200 Million Funding for Paytm’s E-Commerce Unit

A valuation of over $1.1 billion makes the spinoff India’s newest unicorn, and its founder and chief executive officer Vijay Shekhar Sharma a unicorn-founder twice over.

News & Analysis

Alibaba-Backed Paytm Says It Has Enough Funds for Five Years

18 May 2016 • By Bloomberg

18 May 2016 • By Bloomberg

One97 Communications Ltd., the owner of an Indian online payment processor backed by Alibaba Group Holding Ltd.’s finance arm, said funds at its disposal were enough to last five years, enabling it to build a business model that is “predictable.”

News & Analysis

Alibaba-Backed Paytm Says It Has Enough Funds for Five Years

One97 Communications Ltd., the owner of an Indian online payment processor backed by Alibaba Group Holding Ltd.’s finance arm, said funds at its disposal were enough to last five years, enabling it to build a business model that is “predictable.”

News & Analysis

Alibaba, Ant Financial Inject Fresh Cash Into India's Paytm

29 September 2015 • By Reuters

29 September 2015 • By Reuters

Chinese e-commerce giant Alibaba Group Holding Ltd and finance arm Ant Financial Services Group are injecting fresh capital into Paytm, India's largest mobile payment and commerce platform.

News & Analysis

Alibaba, Ant Financial Inject Fresh Cash Into India's Paytm

Chinese e-commerce giant Alibaba Group Holding Ltd and finance arm Ant Financial Services Group are injecting fresh capital into Paytm, India's largest mobile payment and commerce platform.

News & Analysis

Alibaba Group in Talks to Buy Stake in India's Paytm

30 June 2015 • By Reuters

30 June 2015 • By Reuters

Chinese e-commerce giant Alibaba Group Holding Ltd is in advanced talks to invest in Indian online payment platform and e-commerce firm Paytm, two sources with knowledge of the matter said.

News & Analysis

Alibaba Group in Talks to Buy Stake in India's Paytm

Chinese e-commerce giant Alibaba Group Holding Ltd is in advanced talks to invest in Indian online payment platform and e-commerce firm Paytm, two sources with knowledge of the matter said.