Yahoo Finance |
Paytm E-Commerce raises $200 million from Alibaba, SAIF Partners
Yahoo Finance MUMBAI (Reuters) - Paytm E-Commerce Pvt Ltd has raised $200 million from China's Alibaba Group Holding and venture capital fund SAIF Partners to expand its online retail business in a market dominated by homegrown Flipkart and U.S. tech giant ... Paytm E-commerce gets $200 million from Alibaba, SAIF Partners With $177 million investment in Paytm, Alibaba officially enters Indian e-commerce market Will Alibaba's India entry with Paytm Mall funding shake up e-commerce pecking order? |
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