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Alibaba Invests In Snapdeal’s Rival Paytm

2015-10-01 17 Dailymotion

Paytm's valuation has surged to a whopping $4 bn following a fresh investment by Alibaba and its affiliate Ant Financial. The Chinese e-commerce giant has hiked its total stake in Paytm to around 40% Listen in to Amit Sinha - VP-Business of Paytm and Kunal Bahl - Founder and CEO of Snapdeal.