Facebook’s big India deal portends a bruising time for SoftBank-backed Paytm

April 24, 2020 admin Business News Comments Off on Facebook’s big India deal portends a bruising time for SoftBank-backed Paytm

Facebook’s $5.7 billion investment in Reliance promises to be the biggest headache yet for Paytm, a SoftBank-backed pioneer in India’s digital payments market but which has been losing ground to rivals with deeper pockets.

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Source:: Reuters – Business News