Oct 04, 2015

Alibaba inks strategic investment in Paytm; deal could be worth $680M at $4B valuation | VentureBeat | Deals | by Michael de Waal-Montgomery

China's ecommerce giant Alibaba on Tuesday announced an undisclosed strategic investment into India's largest mobile payments and ecommerce platform, Paytm. While the amount has not been made public, multiple reports peg the deal at somewhere around $600-$700 million (see here and here). If true, it would leave Paytm valued at somewhere around $4 billion, and make it one of India's most valuable...

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