CORRECTED-UPDATE 1-Alibaba's Ant Financial to buy 25 pct of India's One97

MUMBAI/SHANGHAI, Feb 5 (Reuters) – Ant Financial Services Group, an affiliate of China’s Alibaba Group Holding Ltd , has agreed to buy 25 percent of Indian payment services provider One97 Communications, tapping into the country’s smartphone and online industry boom.




Source: Technology Sector News

Leave a Reply

Your email address will not be published. Required fields are marked *

2 × 4 =