Report: Alibaba exits India after selling entire stake of 3.4% equity in Paytm

Chinese multinational in January had sold around 3.1 per cent of 6.26 per cent equity in Paytm

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By Connect Gujarat Desk 10 Feb 2023
in Business
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Report: Alibaba exits India after selling entire stake of 3.4% equity in Paytm
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Chinese multinational Alibaba has sold its entire stake of 3.4 per cent equity in Paytm in 10 February's block deal, reported sources.

With this, Alibaba is no longer a stakeholder in Paytm. The Chinese multinational in January had sold around 3.1 per cent of 6.26 per cent equity in Paytm.

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