Alibaba exits Paytm : Alibaba Exits India’s Paytm, Selling Shares for $167 Million
Alibaba exits Paytm : Alibaba Exits India’s Paytm, Selling Shares for $167 Million Alibaba, the Chinese multinational conglomerate, has sold its shares in India’s leading digital payments company, Paytm, for $167 million. This marks Alibaba’s complete exit from Paytm after having invested over $2 billion in the company since 2015. Why This News Is Important…