Paytm IPO: Offer size increased to Rs 18,300 crore as Chinese investor plans to sell more stake
Paytm has increased the size of its initial public offering to $2.44 billion.
Oct 27, 2021, 20:45 PM ISTUber sells Indian food delivery arm to rival firm Zomato
The all-stock deal is likely to push Zomato to the top position in India`s food delivery market, ahead of Swiggy, which counts China`s Tencent Holdings as an investor.
Jan 21, 2020, 09:55 AM ISTAlibaba financial affiliate valued at $60 billion: Reports
China`s top internet finance company, e-commerce giant Alibaba`s affiliate Ant Financial, could start the process of going public this year, reports said Monday, with the firm`s latest fundraising valuing it at $60 billion.
Apr 18, 2016, 21:13 PM ISTAlibaba and Ant Financial to invest $1 bn in mobile platform
China's e-commerce giant Alibaba and a financial affiliate part-owned by its chairman Jack Ma will pour nearly USD 1 billion into a local services mobile platform to compete with rival Tencent.
Jun 23, 2015, 17:41 PM ISTAlibaba finance arm, Xiaomi partner in wearable payments
It will let users smooth the process of making payments, bypassing the need for passwords.
Apr 02, 2015, 16:37 PM ISTAlibaba to invest in Paytm; enters Indian mCommerce space
Alibaba is the world's biggest e-commerce firm, which raised USD 25 billion through IPO in the US last September -- the largest by any firm globally.
Feb 05, 2015, 17:37 PM IST