paytm

Retail Asia09/05/2019

International e-commerce platform Ebay is preparing to head a US$160–170 million investment in e-tailer Paytm Mall. In a report last Monday, the move was interpreted as a grab at O2O commerce and payments opportunities in India. It will be the third major e-commerce investment in the territory for the firm following its minors stakes in […]

Retail Asia16/11/2017

Chinese internet giant Alibaba is seeking Competition Commission of India (CCI) approval to acquire a stake in online grocery startup BigBasket. Financial details have not been disclosed in the CCI filing, which relates to “the acquisition and purchase of shares” of BigBasket parent Supermarket Grocery Supplies by Alibaba Singapore. Alibaba Group Holding and its Indian […]

Retail Asia20/12/2016

Eros Now has entered into a strategic partnership in India with Paytm to enable its subscribers to make easy and hassle free payments using the e-wallet service. “Post demonetization in India, there has been a high surge in mobile and digital payments as we move towards a digital economy along with a rise in internet penetration and smartphone […]

Retail Asia23/08/2016

Chinese internet giant Alibaba has been discussing the acquisition of Indian online marketplace ShopClues, which is valued at more than US$1 billion. Alibaba wants to merge the marketplace of Paytm, in which it has a stake, with larger rival ShopClues, reports The Times of India. The newspaper says Alibaba has several acquisition targets as it aims […]

Retail Asia02/05/2016

The Indian eCommerce industry is expected to burgeon in the next four years, according to a report by the Confederation of Indian Industry (CII) and Deloitte Touche Tohmatsu India. While the business to business (B2B) segment is expected to more than double from US$300 billion last year to $700 billion in 2020, the business to […]

Retail Asia23/04/2015

Alibaba-backed payment platform Paytm is set to enter the online grocery market under a new business vertical to be headquartered in Bengaluru. The development, at a time when domestic e-commerce giant Flipkart is also preparing to start grocery retailing, a space currently dominated by small and mid-sized players, suggests investors and analysts are viewing grocery […]

Retail Asia31/03/2015

With most players in the sector looking to aggressively ramp up their teams, Indian mobile commerce platform Paytm plans to double its employee base in FY16 from around 3,000 currently. The company has added around 1,500 persons to its total headcount in FY15. “A large part of the hiring will be in operations and sales. […]

Retail Asia13/01/2015

Chinese e-commerce giant Alibaba Group Holding Ltd. and its financial-services affiliate have agreed to jointly invest about USD575 million in India’s One97 Communications Ltd.’s online-payment and marketplace businesses, a person familiar with the matter said.

Tag: paytm

Ebay Buying in India’s Paytm Mall

Alibaba seeks approval to buy stake in India’s BigBasket

Eros Now teams with Paytm on mobile payment, platform

Alibaba making moves to buy ShopClues

Sevenfold growth forecast for Indian eCommerce

Grocery to be next gateway for Paytm

Paytm looks to double headcount in FY16

Alibaba to invest about USD575m in Indian online-shopping service, Paytm