On Wednesday, news wire Reuters reported that Ant was considering selling its 30% stake<\/a> in Paytm<\/a>, citing people with direct knowledge of the matter.
“The Reuters story is untrue,” Ant Group said on microblogging site Twitter. Ant Group’s stake in Paytm’s parent entity would be valued at about $5 billion, based on the $16 billion valuation ascribed to its business when the startup raised $1 billion in November 2019.
The Reuters story is untrue. We are disappointed that Reuters decided to run the story based on false information. https:\/\/t.co\/2LhVVYWFQj<\/p>— Ant Group (@antgroup)1606906975000<\/a><\/blockquote><\/div>
Paytm also said there was no truth to the report. “The information is absolutely false and misleading. There has been no discussion with any of our major shareholders ever, nor any plans, about selling their stake or becoming the controlling shareholder,” a Paytm spokesperson said.
This is false & clickbait news.Sad to see a responsible organisation publish an untrue headline & article, when b… https:\/\/t.co\/hocoJcyr74<\/p>— Paytm (@Paytm)1606909075000<\/a><\/blockquote><\/div>
Paytm competes with Google Pay, Walmart’s PhonePe and Amazon Pay in the digital payments segment - which include Unified Payments Interface, wallets, and merchant commerce. Its licensed Payments Bank entity competes with top banks and payment gateways in the card issuance business, and with Pine Labs in the offline merchant space.
Chinese technology giant Alibaba Group has re-evaluated its India<\/a> portfolio after the Indian government said investments from countries sharing a land border with it will need prior approval, a move aimed at blocking potential takeovers from China<\/a>.
In October, ET reported that Alibaba was in talks to exit its investment in BigBasket by selling its stake to the Tata Group. The deal is nearing closure, sources said. In June, food delivery app Zomato’s existing investor Info Edge said that the restaurant discovery platform was yet to receive $100 million of the $150 million it had raised from existing backer Ant.
Zomato has since then gone ahead and raised fresh capital from new investors including US hedge fund Luxor Capital and private equity firm Bow Wave Capital.
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中国的蚁群否认计划出售它的股份在支付公司One97通信,网络支付供应商Paytm,在两个邻国之间的政治紧张局势。蚁群以前Ant金融,中国亿万富翁马云的阿里巴巴集团的一部分。
周三,据路透社报道新闻线,蚂乐动扑克蚁正在考虑出售其30%股份在Paytm援引知情人士。
”路透故事是假的,“蚁群在微博网站Twitter上说。Paytm蚂蚁集团股份的父实体将价值约50亿美元,基于160亿美元估值归因于其业务在2019年11月启动募集了10亿美元。
路透故事是不真实的。我们很失望,路透社决定运行的故事基于虚假信息。https://t.co/2LhVVYWFQj
-蚁群(@antgroup)1606906975000
Paytm也报告说,没有真理。“绝对是虚假和误导性的信息。没有讨论与我们的主要股东,也没有任何计划,出售自己的股份或成为控股股东,”Paytm发言人说。
这是假的& clickbait新闻。乐动扑克看到一个负责任的组织发布不真实的标题和文章,当b…https://t.co/hocoJcyr74
- Paytm (@Paytm)1606909075000
Paytm与谷歌竞争,沃尔玛的PhonePe和亚马逊支付在电子支付领域——包括统一的支付接口,钱包、商业和商人。其授权支付银行实体与顶级银行和支付网关竞争卡发行业务,和松树实验室离线商业空间。
中国科技巨头阿里巴巴集团已重新评估印度在印度政府表示投资组合的国家共享一个陆地边界需要事先批准,此举旨在阻止潜在的收购中国。
等曾在10月报道,阿里巴巴在谈判通过出售股份退出投资BigBasket塔塔集团。这笔交易即将关闭,消息人士称。今年6月,食品交付应用Zomato现有的投资者信息边说,餐厅发现平台尚未获得1亿美元1.5亿美元的蚂蚁从现有的支持者。
Zomato之后向前走,筹集新资本从新的投资者,包括美国对冲基金卢克索资本和私人股本公司弓形波资本。
China<\/a>’s Ant Group<\/a> has denied plans to sell<\/a> its stake<\/a> in payments company One97 Communications, which runs e-payments provider Paytm<\/a>, amid political tensions between the two neighbours. Ant Group<\/a>, formerly Ant Financial, is part of Chinese billionaire Jack Ma's Alibaba Group.
On Wednesday, news wire Reuters reported that Ant was considering selling its 30% stake<\/a> in Paytm<\/a>, citing people with direct knowledge of the matter.
“The Reuters story is untrue,” Ant Group said on microblogging site Twitter. Ant Group’s stake in Paytm’s parent entity would be valued at about $5 billion, based on the $16 billion valuation ascribed to its business when the startup raised $1 billion in November 2019.
The Reuters story is untrue. We are disappointed that Reuters decided to run the story based on false information. https:\/\/t.co\/2LhVVYWFQj<\/p>— Ant Group (@antgroup)1606906975000<\/a><\/blockquote><\/div>
Paytm also said there was no truth to the report. “The information is absolutely false and misleading. There has been no discussion with any of our major shareholders ever, nor any plans, about selling their stake or becoming the controlling shareholder,” a Paytm spokesperson said.
This is false & clickbait news.Sad to see a responsible organisation publish an untrue headline & article, when b… https:\/\/t.co\/hocoJcyr74<\/p>— Paytm (@Paytm)1606909075000<\/a><\/blockquote><\/div>
Paytm competes with Google Pay, Walmart’s PhonePe and Amazon Pay in the digital payments segment - which include Unified Payments Interface, wallets, and merchant commerce. Its licensed Payments Bank entity competes with top banks and payment gateways in the card issuance business, and with Pine Labs in the offline merchant space.
Chinese technology giant Alibaba Group has re-evaluated its India<\/a> portfolio after the Indian government said investments from countries sharing a land border with it will need prior approval, a move aimed at blocking potential takeovers from China<\/a>.
In October, ET reported that Alibaba was in talks to exit its investment in BigBasket by selling its stake to the Tata Group. The deal is nearing closure, sources said. In June, food delivery app Zomato’s existing investor Info Edge said that the restaurant discovery platform was yet to receive $100 million of the $150 million it had raised from existing backer Ant.
Zomato has since then gone ahead and raised fresh capital from new investors including US hedge fund Luxor Capital and private equity firm Bow Wave Capital.
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