PAYTM SELLS PAYPAY STAKE TO SOFTBANK FOR $279.2 MILLION
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✍️ Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.20 million, following a regulatory clampdown earlier this year.
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👉 Paytm sells stake in PayPay to SoftBank for $279.20 million
👉 Sale follows regulatory clampdown earlier this year
👉 Paytm received stake through acquisition rights under 2018 partnership
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#Japan #India #business
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