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The Big Flexibility Sale has started! Alibaba meanwhile has actually lagged the core Paytm business, which focuses on mobile payments with plans for monetary services, having actually invested $1.4 billion into parent company One97 Communications in 2015. Discover the wide selection of mobiles like Samsung J3 Pro Gold, Samsung J3 Pro White, Samsung J3 Pro Black, Redmi Threes, Redmi 3s Prime, iPhone 7, iPhone 6 & so on that uses the best combination of performance and exciting features.
The Japanese company and its veteran ally (and existing Paytm backer) Alibaba have actually come together to invest $ 450 million more into Paytm's e-commerce company, Paytm Shopping center, as first reported by Mint The offer is said to value the business at $1.6-$ 2 billion, with SoftBank offering around $400 million of the committed investment.
Paytm has actually likewise bought MobiQuest's loyalty platform m' faithful The acquisition of Little and Nearbuy, if it comes through, will empower the offers offerings on Paytm's digital wallet. . Post the exit of the creators Recharge Trick and Offer of SoSasta, Ankur Warikoo took control of as the CEO of the company (called as Groupon India at the time).