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

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