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China's Antfin sells nearly half its stake in Zomato for $570 mn

TMT

20 August, 2024

China's Antfin sells nearly half its stake in Zomato for $570 mn

Alibaba Group's Antfin Singapore sold shares worth 47.72 billion rupees ($570 million) in India's Zomato on Tuesday, cutting its stake ......

Govt defers nod for Paytm's investment in its payments arm

TMT

16 April, 2024

Govt defers nod for Paytm's investment in its payments arm

India has deferred approval of Paytm’s 500 million rupee ($6 million) investment in its Paytm Payment Services arm in part ......

China's Antfin pulls out over $340 mn more from Zomato

TMT

06 March, 2024

China's Antfin pulls out over $340 mn more from Zomato

China's Antfin, part of Jack Ma-founded Ant Group and an affiliate of Alibaba Group, has trimmed its stake in Zomato ......

Alibaba, Ant Financials exit Paytm Mall for Rs 42 crore

Finance

17 May, 2022

Alibaba, Ant Financials exit Paytm Mall for Rs 42 crore

Five years after making its biggest bet in India’s e-commerce market, Jack Ma-led Alibaba and Ant Financials have exited Paytm ......