Alibaba’s payment affiliate likely to raise funds at $100 bn valuation


China’s Ant Financial Services Group is planning to raise up to $5 billion in fresh equity that could value the online payments ....

9 February, 2018

Alibaba buys stake in payment affiliate Ant Financial as revenue beats forecast


Alibaba Group Holding Ltd, China’s biggest e-commerce company, said on Thursday third-quarter revenue rose 56 percent, beating ....

2 February, 2018

Paytm having another go at gaming, revives Gamepind with Alibaba-owned AGTech

Binu Paul

Digital payments firm Paytm is reviving game aggregation service Gamepind in a new avatar in partnership with Alibaba-owned AGTech ....

30 January, 2018

Alibaba to invest $177 mn in Paytm E-Commerce, hike stake to 62%

Arti Singh

Paytm E-Commerce Pvt. Ltd, the online marketplace arm of One97 Communications Ltd, is raising $200 million (Rs 1,334 crore) in ....

2 March, 2017

Paytm to merge wallet business with payments bank

Arti Singh

One97 Communications Ltd, the owner of digital wallet Paytm, said on Monday it will merge its wallet business with its upcoming ....

5 December, 2016

Alibaba Group's global MD Gowrappan joins Paytm board

Arti Singh

Alibaba Group's global managing director K Guru Gowrappan has joined Paytm's board as an additional director. This marks the third ....

27 October, 2016

Alibaba may pick majority stake in Paytm's e-commerce biz

Binu Paul & Arti Singh

Chinese e-commerce company Alibaba Group Holding is likely to pick a majority stake in the e-commerce business of One97 Communications ....

25 August, 2016

Alibaba in talks with Delhivery, Xpressbees to build India logistics arm

Binu Paul

Chinese e-commerce major Alibaba Group is in talks with two Indian e-commerce logistics firms, Delhivery and Xpressbees, for potential ....

14 June, 2016

Paytm raises fresh funding from Alibaba, Ant Financial

Anuradha Verma & Anuradha Verma

One97 Communications Ltd, which runs mobile wallet and e-commerce venture Paytm, has raised an undisclosed amount in a fresh ....

29 September, 2015