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

Thursday, August 25, 2016 | More »

Chinese e-commerce company Alibaba Group Holding is likely to pick a majority stake in the e-commerce business of One97 Communications Pvt Ltd, the company that also runs mobile payment and commerce platform Paytm. One97 will soon be separating its e-commerce operations from the mobile payment and...