eBay invested $150 million in Paytm Mall, picks up 5.5% stake
eBay is making an investment of $150 million in Paytm Mall and will own approximately 5.5% of the company.
eBay is making an investment of $150 million in Paytm Mall and will own approximately 5.5% of the company.
Ernst & Young probes Cashback fraud at Paytm Mall
Paytm Mall is planning to expand to Southeast Asian countries, along with countries such as Japan, and it has also appointed a head for its international business and expansion. Paytm mall is a platform provided by Paytm for the user to shop, it works just like any other E-Commerce website or Application. It aims to offer […]
Paytm Mall, the in-app service of the digital payment platform Paytm, in its massive recruitment drive, is expecting to hire around 5,000 college graduates. On Friday, the company introduced the second edition of the Campus Icon programme and has started with the process. This particular programme will be taken forward for five weeks and has […]
The e-commerce platform of Paytm known as ‘Paytm Mall’ has raised funds amounting to Rs 1500 crore from Japenese holding company SoftBank Group Corporation and its existing lender Alibaba Group Holding Ltd. According to the reports, the recent funding is a part of the funding commitment of Rs 3,000 crore that was at first announced […]
Paytm Mall, The digital arm of e-commerce giant company Paytm has announced its plans to introduce an umbrella of new services such as no cost EMI, Extended Warranty on products, Device Insurance and Easy Exchange across its online platform as well as offline partner stores. Interestingly, the e-commerce arm of Paytm which received $450 million […]
Paytm Mall, daughter company of Paytm Ecommerce Pvt. Ltd announced the launch of a connected Point of Sale (PoS) solution for retail stores in a bid to empower shopkeepers in managing their offline and online customers. To implement this new initiative, Paytm Mall signed a strategic partnership with Asus India. Therefore, the PoS solution will […]
Paytm has been all over the landscape these past few weeks and days with major consecutive news announcements. This time, Paytm mall, the e-commerce daughter business of Paytm has raised over $445 Mn in funding from Japanese conglomerate SoftBank and Alibaba, the Chinese e-commerce giant. Regulatory filings reveal that SoftBank has been the major investor […]
After investing in Indian e-commerce majors Flipkart and Snapdeal, Japanese multinational conglomerate SoftBank Group is now set to invest in another Indian e-commerce space Paytm Mall. It is estimated that Paytm Mall may receive a funding around $500-600 millions in a fresh round. As per the reports, SoftBank will put around $300 million into the […]
Paytm Mall reported a net loss of Rs 13.63 crore on total sales of Rs 7.35 crore between August 2016 and 31 March 2017, as per the filings with Registrar of Companies (RoC). Total expenditure was Rs20 crore, while reserves and surplus stood at Rs1,284 crore, the filings showed. Paytm Mall spun off as a […]
Paytm Mall is planning to put more money(around $35 million) to strengthen its logistics infrastructure, technology and add more product offerings to further strengthen its position in the market. “Paytm Mall is now expanding its logistics support by servicing demand with local supply to service same-day and next-day deliveries,” the company said in a statement. […]
The ecommerce market is grinding up for the forthcoming festivals. On one side where Flipkart and Amazon are battling on discounts, Paytm Mall, run by Paytm E-commerce is readying a war chest to expand its offline merchant network.