JackMa finally Exits Paytm Mall- Investor
Early investors in e-commerce marketplace Paytm E-commerce Pvt. Ltd, the parent company of Paytm Mall.
Paytm E-commerce bought back the entire stake of Alibaba, which held 28.34 per cent, and Antfin (Netherlands) Holding.
JackMa finally Exits Paytm Mall- Bought Back
JackMa finally Exits Paytm Mall- $3 Billion
This values the company at a mere Rs 100 crore, plunging from the $3 billion valuation that the Vijay Shekhar Sharma-led company.
In 2017, Paytm E-Commerce Pvt Ltd had raised around $200 million from China’s Alibaba and SAIF Partners.
JackMa finally Exits Paytm Mall- $200 Million
JackMa finally Exits Paytm Mall- Softbank
According to a Reuters report, in 2018 Softbank had invested $400 million that valued the company at $1.9 billion.
Paytm E-commerce has proposed reducing the company’s equity share capital and securities premium account.
JackMa finally Exits Paytm Mall- Premium
JackMa finally Exits Paytm Mall- Market Share
Despite investing significant amounts of capital in growing its business and expanding market share.
The sector continues to be highly competitive and is marketed by the presence of several large competitors.
JackMa finally Exits Paytm Mall- Competitors
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