Alibaba plans direct presence in India via Paytm's marketplace, in talks with Tatas for tie-up

Alibaba plans direct presence in India via Paytm's marketplace, in talks with Tatas for tie-up

Jack Ma, Alibaba founder and chairman. Photo: REUTERS/Fabian Bimmer

Paytm is considering a plan to spin off its online marketplace to allow China’s Alibaba Group to enter the Indian e-commerce market, according to a report in The Economic Times quoting sources.

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