Paytm
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.
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.
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.
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.”
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.”
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.