Alibaba Group’s US$177 million investment in Paytm E-Commerce, reflects its second major regional expansion since April 2016. Photo: Bloomberg
Alibaba Group’s US$177 million investment in Paytm E-Commerce, reflects its second major regional expansion since April 2016. Photo: Bloomberg
Alibaba
Tech /  Big Tech

Alibaba furthers India expansion with US$177m deal for 36pc stake in Paytm E-Commerce

Bien Perez
Bien Perez

Updated: 10:54pm, 3 Mar, 2017

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Alibaba Group’s US$177 million investment in Paytm E-Commerce, reflects its second major regional expansion since April 2016. Photo: Bloomberg
Alibaba Group’s US$177 million investment in Paytm E-Commerce, reflects its second major regional expansion since April 2016. Photo: Bloomberg
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