Alibaba soon in India?

Publication

10 September 2016 à 15h51

Updated on 12 January 2017 à 15h53

Reading time

1 minute

Publication: 10 September 2016 à 15h51, Updated on 12 January 2017 à 15h53

Reading time: 1 minute

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Publication

10 September 2016 à 15h51

Updated on 12 January 2017 à 15h53

Reading time

1 minute

Publication: 10 September 2016 à 15h51, Updated on 12 January 2017 à 15h53

Reading time: 1 minute

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As Alibaba plans to launch in India before December, one of the options being considered is merging the current “Paytm.com” marketplace with Tmall. In 2015, Alibaba Group and affiliate Ant Financial invested US$680 million to become the largest shareholders of the parent company of Paytm, reflecting the drive to gain a market foothold. India allows up to 100% Foreign Direct Investment in online marketplaces (online trading with commissions) such as Alibaba, but not for firms based on an...

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