Alibaba Group Sells Remaining Stake in Paytm Worth Rs. 1,378 Crore

China’s Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm for about Rs. 1,378 crore through a block deal, stock exchange data showed on Friday. The exit comes days after Paytm posted its first-ever quarterly operating profit as a listed firm, nine months ahead of its own target. Alibaba.com Singapore E-Commerce sold … Read more