Paytm

Technology

Amazon plans to integrate its logistics network and SaaS tools with India's Open Network for Digital Commerce, after Paytm and others committed to joining ONDC (Moneycontrol)

[ad_1] Moneycontrol: Amazon plans to integrate its logistics network and SaaS tools with India’s Open Network for Digital Commerce, after…

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USA

Alibaba sells remaining stake in top Indian online payment provider Paytm | CNN Business

[ad_1] Hong Kong CNN  —  Chinese e-commerce giant Alibaba has sold its remaining stake in Paytm, India’s top digital payment…

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Technology

Stock exchange data: Alibaba sold its remaining 3.16% Paytm stake for ~$167.14M, days after Paytm posted its first quarterly operating profit post IPO (Reuters)

[ad_1] Reuters: Stock exchange data: Alibaba sold its remaining 3.16% Paytm stake for ~$167.14M, days after Paytm posted its first…

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Business

Live news: India’s PayTM shares rise after first profit posted ahead of schedule

[ad_1] The Japanese government on Monday denied a news report that it had sounded out Masayoshi Amamiya, the Bank of…

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Technology

Paytm will buy back up to 10.5M shares worth ~$103M at a 50%+ premium to the December 13 closing price, seeking to convince investors of a path to profitability (Chloe Cornish/Financial Times)

[ad_1] Chloe Cornish / Financial Times: Paytm will buy back up to 10.5M shares worth ~$103M at a 50%+ premium…

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Technology

Reserve Bank of India declines a payment aggregator license for Paytm parent One 97, asking it to comply with foreign direct investment guidelines and reapply (Ira Dugal/Reuters)

[ad_1] Ira Dugal / Reuters: Reserve Bank of India declines a payment aggregator license for Paytm parent One 97, asking…

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Technology

Shares of Paytm closed at an all-time low on Tuesday, a week after the post-IPO lockup period for early investors expired, amid competition risk from Reliance (Manish Singh/TechCrunch)

[ad_1] Manish Singh / TechCrunch: Shares of Paytm closed at an all-time low on Tuesday, a week after the post-IPO…

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Technology

Sources: SoftBank sells 29.35M Paytm shares, or a 4.5% stake, for $200M, causing Paytm stock to drop 9%+; Vision Fund was Paytm's second-largest shareholder (Reuters)

[ad_1] Reuters: Sources: SoftBank sells 29.35M Paytm shares, or a 4.5% stake, for $200M, causing Paytm stock to drop 9%+;…

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Technology

India's Enforcement Directorate searched the offices of Paytm, Razorpay, and Cashfree on Friday as part of an investigation into fraudulent Chinese loan apps (Manish Singh/TechCrunch)

[ad_1] Manish Singh / TechCrunch: India’s Enforcement Directorate searched the offices of Paytm, Razorpay, and Cashfree on Friday as part…

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Technology

Paytm, whose share price has dropped 57% so far this year, reports Q4 revenue of ~$200M, up 89% YoY, and a net loss of ~$98M, up 72% YoY due to higher expenses (Reuters)

[ad_1] Reuters: Paytm, whose share price has dropped 57% so far this year, reports Q4 revenue of ~$200M, up 89%…

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