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ANTFIN PAYTM EXIT
A decade after Jack Ma’s bet, Paytm’s China ties endThe exits mark the end of a high-profile Japanese-Chinese investor chapter in Paytm’s journey, from becoming India’s most valued startup at...
'As desi as Tata and Maruti': Paytm is 100% Indian after Jack Ma's Ant Fin exits fintechPaytm is now fully Indian-owned as Antfin completed its exit, selling its remaining stake. This shift follows exits by other major early ba...
Ant Financial exits Paytm; sells 5.84% for Rs 3,803 croreFollowing the stake sale, shares of One97 Communications fell 1.45% to ₹1,062 apiece on NSE, while the scrip of the company went lower by 1...
China out of Paytm; White-collar walls crumbleChina's Antfin is ending its decade-long association with Paytm, selling its remaining stake in the Indian digital payments platform. This ...
Paytm bulk deal: Societe Generale buys over 67 lakh shares worth Rs 720 crore in One 97 CommunicationsSociete Generale acquired over 67 lakh Paytm shares worth Rs 720 crore as Antfin exited its 5.84% stake. With no Chinese ownership remainin...
Antfin exits Paytm in Rs 3,800 crore bulk deal. What zero-Chinese ownership means for investorsAntfin’s exit from Paytm marks a significant shift in the company’s ownership structure, eliminating all Chinese shareholding. Antfin (Neth...
Paytm block deal: 2.9% equity changes hands, Antfin likely exitsAntfin (Netherlands) Holding B.V. is likely the seller of 1.86 crore shares of Paytm in a block deal, representing a 2.90% equity stake. Th...
Antfin to likely sell entire 5.84% stake in Paytm at Rs 3,800 crore via block deal: ReportAntfin (Netherlands) Holding B.V., an Ant Group affiliate, is likely to sell its entire 5.84% stake in One 97 Communications through a Rs 3...
From Paytm to MakeMyTrip: How Indian startups are unwinding Chinese ownershipIndia’s largest online travel platform plans to raise $3 billion through a mix of debt and equity to buy back shares from Trip.com Group. O...
Alipay exits Zomato via 3.5% stake sale, takes home Rs 3,336 croreBank of America and Morgan Stanley acted as advisers to the deal. Among the buyers in the deal were marquee funds including Goldman Sachs, ...
Zomato block deal alert: Alipay said to have sold 29 crore shares; stock up 4%Alipay, owned by Ant Group, was looking to offload its entire 3.44% stake in Zomato, according to reports. A confirmation will come only in...
China's Alipay to sell its 3.4% stake in Zomato for nearly $400 million: ReportBank of America and Morgan Stanley are advisers on the deal, which is likely to be executed later this week on Indian exchanges, said the t...
R.I.P. or ROI: Will the Zepto funding revive quick commerce? and other top tech, startup stories this weekWhile the jury is still out on the profitability — if at all — of quick commerce firms, especially as a standalone business, multiple indus...
Exclusive: Top-deck changes at PayU; SMEs tap homegrown apps for advertisingWe have a Friday AM scoop today on big changes underway at Prosus-owned online payments major PayU. This and more in today’s ETtech Morning...
Antfin to sell 3.6% in Paytm via block deal; Chandrayaan-3 lifts m-cap of space firmsAntfin, the Netherlands-based arm of Chinese fintech giant Ant Financial, is likely to further pare its holding in Paytm by selling a 3.6% ...
Alibaba Group sells 3.3% stake in Paytm parent for Rs 1,378 croreAlibaba.com Singapore E-Commerce Pvt Ltd sold 2,14,31,822 shares at Rs 642.74 apiece. This was at a steep discount of 9% to Thursday’s clos...
Facebook India under scrutiny; Paytm eyes $20 B valuation in IPOTroubles for social media giant Facebook seem to keep mounting with each passing day. Now, the Indian government has begun a probe seeking ...