Alibaba’s Financial Affiliate Takes 25% Stake In India’s One97, Owner Of Paytm

Ant Financial Services Group, an Alibaba Group affiliate, announced today that it will take a 25 percent stake in India’s One97 Communications as part of a strategic agreement. Ant Financial runs Alipay, China’s largest online payment service, while One97 oversees Paytm, India’s leading mobile payment platform. Read More