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Alibaba, SAIF Partners to invest US $200 in Paytm's online marketplace unit

Indiaretailing Bureau - March 3, 2017

Chinese e-commerce major Alibaba Group Holding Ltd, along with investment firm SAIF Partners, are set to invest US $200 million in Paytm’s online marketplace unit. Alibaba Singapore E-Commerce Pvt. Ltd will invest US $177 million in Paytm E-Commerce Pvt. Ltd—a...

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