Paytm forays into eCommerce; to compete with likes of Flipkart
Mobile payment services firm Paytm on Friday announced its foray into the eCommerce space, putting itself, which is backed by Alibaba, in direct competition with giants like Amazon, Flipkart and Snapdeal.
Apr 24, 2015, 23:12 PM ISTPaytm to spend Rs 500 cr on marketing this year
Mobile commerce platform Paytm Friday said it will spend Rs 500 crore on branding and marketing this year.
Apr 10, 2015, 18:38 PM ISTAlibaba in talks to invest up to $700 million in Snapdeal
Online marketplace Snapdeal is in talks with e-commerce giant Alibaba for upto USD 700 million investment, which will expand the Chinese firm's footprint in India, sources said.
Mar 12, 2015, 18:19 PM ISTAlibaba to buy $550 mn stake in Paytm owner One97 Communications
Alibaba Group Holding Ltd and its unit Alipay are in advanced talks to buy a stake for about $550 million in India`s One97 Communications, which owns an online payment platform, sources directly involved in the transaction said.
Jan 12, 2015, 11:10 AM IST