China’s largest retailer Alibaba Group Holding has joined SoftBank to invest 15 billion India rupee (US$222 million) in Indian e-commerce platform Paytm Mall, as part of the 30 billion India rupee funding commitment initially announced in April, according to Indian local media reports. (more…)
Alibaba, SoftBank Invest $222M In Indian E-commerce Platform Paytm Mall appeared first on China Money Network.