Paytm sells PayPay stake to SoftBank for $279.2 million

  • Thread starter Thread starter Manish Singh
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Manish Singh

Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.2 million, as the Indian firm sheds non-core assets following a bruising regulatory clampdown earlier this year. The sale of Paytm’s stake in PayPay, which it received through acquisition rights six years ago, follows months of restructuring that saw the […]

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