Jack Ma's firms exit Paytm Mall, plunging its value to under $13M - YourStory

During the last round of private funding in 2020, the Vijay Shekhar Sharma-led ecommerce subsidiary Paytm Mall was valued at $3 billion.

Chinese billionaire Jack Ma-led Alibaba and Ant Financials have sold their stake in Paytm E-Commerce Pvt. Ltd. back to the company for a total of Rs 42 crore, giving the company a total valuation of … [+1500 chars]

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