Alibaba sells nearly half of its direct stake in Paytm at Rs 535.9 per share - Shahpur Turk CSC - Common Service Centre in Sonipat Alibaba sells nearly half of its direct stake in Paytm at Rs 535.9 per share

14 January 2023

Alibaba sells nearly half of its direct stake in Paytm at Rs 535.9 per share

Chinese conglomerate Alibaba sold a 3.1 per cent stake - nearly half of its direct shareholding - in digital financial services firm One97 Communications (Paytm) in an indication of exiting the Indian market, sources said on Wednesday.

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