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

TMT

01 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 expectations as it ......

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

TMT

30 January, 2018

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

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

China's cyber watchdog raps Alibaba payment affiliate over user privacy breach

TMT

11 January, 2018

China's cyber watchdog raps Alibaba payment affiliate over user privacy breach

China’s cyber watchdog has scolded Ant Financial, Alibaba’s payment affiliate, for compromising user privacy after many users of its Alipay ......

Paytm E-Commerce appoints new board members

People

29 April, 2017

Paytm E-Commerce appoints new board members

Ravi AdusumalliOnline marketplace Paytm E-Commerce Pvt. Ltd, majority-owned by China’s Alibaba Group Holdings, has inducted SAIF Partner’s Ravi Adusumalli ......

After payments and e-commerce, Paytm bets on gold

TMT

27 April, 2017

After payments and e-commerce, Paytm bets on gold

Seeking to go beyond its traditional wallet offering, Alibaba-backed digital wallet firm Paytm has forayed into wealth management with Digital ......

Paytm employees get windfall, sell shares worth $15.3 mn

TMT

23 March, 2017

Paytm employees get windfall, sell shares worth $15.3 mn

Nearly 47 employees at One97 Communications Ltd, which owns digital wallet Paytm, have sold their shares worth Rs 100 crore ......

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

TMT

04 March, 2017

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

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

Alibaba's Ant Financial to raise up to $3 bn in debt for overseas expansion

General

09 February, 2017

Alibaba's Ant Financial to raise up to $3 bn in debt for overseas expansion

China's most valuable online finance company, Ant Financial, is in early stage talks with banks to raise between $2-$3 billion ......

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

TMT

25 August, 2016

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

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

Paytm raises fresh funding from Alibaba, Ant Financial

TMT

29 September, 2015

Paytm raises fresh funding from Alibaba, Ant Financial

Vijay Shekhar Sharma, founder & CEO of One97 /PaytmOne97 Communications Ltd, which runs mobile wallet and e-commerce venture Paytm, has ......