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Alibaba Sells Out Of Paytm In Block Deal: Report

Paytm's stock tumbled as much as 9.3% to 640 rupees. (File)
Paytm's stock tumbled as much as 9.3% to 640 rupees. (File)
China's Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm through a block deal, news agency ANI reported on Friday, citing sources with knowledge of the matter.
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