Alibaba's Antfin transfers 10.3% stake in Paytm; Sharma now biggest shareholder
The Sharma family becomes the biggest shareholder in One97 at 19.55%; Paytm shares trading in red ₹877.75 against previous closing price of ₹874.45
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Alibaba sells entire stake in Paytm; stock rises 3%
The Jack Ma-founded firm, which held 6.26% direct stake in Paytm as of December 2022, sold a partial 3.1% shares in January and the remaining 3.16% stake on February 10.
Paytm shares fall 8% after Alibaba block deal report
The Paytm stock ended the day at ₹542.25 on the BSE, down 6.4%.
Alibaba founder Jack Ma living in Japan for 6 months: Report
The business magnate has tried to keep a low profile since his criticism of Chinese authorities in 2020, which followed a major crackdown on the Chinese tech sector.
Paytm Mall’s valuation crashes 99%; Alibaba, Ant Financial exit
The exit of Alibaba and Ant Financial has brought down the valuation of Paytm Mall by more than 99% to a mere $13 million from its peak valuation of $3 billion in 2020.
Buffett could double his money with Paytm IPO
Warren Buffett’s Berkshire Hathaway is likely to double its investment in Paytm if the fintech’s parent, One97 Communications, is valued at $21.5 billion.
Paytm’s big play
Paytm is rallying Indian developers for its mini app store in a bid to challenge Google’s dominance in the market. It also fits squarely into its plans of being a super app. Will it succeed?
Three narratives for India’s rise
The mob attack on Capitol Hill and the sudden silence of Jack Ma present a tipping point in the global order. Can India rise to present its case?
Vijay Shekhar Sharma readies for the next frontier
From selling ringtones to running what can be called an Internet conglomerate, Sharma has stayed relevant and is also creating an ecosystem. Now, he wants to take Paytm to the developed world.
Eros-STX merger: Bollywood meets Hollywood
In a cluttered media and entertainment landscape, an Indian company and an American one have joined hands to create content for the world.
