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Alibaba, Softbank Provide New Funds for India’s Paytm

AlibabaGroupHoldingLtd.andlongtimeinvestmentpartnerSoftbankhavemadeamajornewinvestmentinIndianpeerPaytm,boostingtiesbetweenthee-commercecompaniesintheworld’stwo

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SoftBank, Alibaba to invest $445 mln in India's Paytm E-Commerce

SoftBankGroupisinvesting400millionUSdollarsinIndia’sPaytmE-Commerceinafundingroundthatwillvaluetheonlineretaileratroughly1.9billionUSdollars,aregulatoryfilingsh

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Will 'WhatsApping' money change India's e-payment market?

WhatsApp,thebiggestinstantmessagingplatforminIndia,issettolaunchapaymentservicelaterthismonth.TheBBC'sDevinaGuptareportsonhowthiscouldaffectthecountry's$400bn(£

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China's Alibaba launches gaming app in India

AjointventureofAlibaba-controlledIndianmobilepaymentscompanyPaytmandHongKong-basedAGTechHoldingsLtdislaunchingGamepind,agamingande-commerceplatforminIndia.Aliba

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India's Paytm founder pledges personal stock in company's arm

PaytmfounderandCEOVijayShekharSharmahaspledgedabout5%ofhispersonalholdinginPaytmMallfortheemployeestockoption(ESOP)pool.Sharma'smovewouldaddabout$50-millionwort

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India's Paytm plans messaging service to rival WhatsApp

India'sleadingdigitalpaymentsfirmPaytmplanstolaunchamessagingservicebytheendofthismonthtocompetewithFacebook'sWhatsApp,asourcefamiliarwiththemattersaidonTuesday