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Paytm wasn’t aware of Alibaba’s stake sale beforehand- Vijay Shekhar

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A day after Alibaba sold shares worth $125 million in Paytm,the company said the Chinese internet giant was never a strategic shareholder for Paytm. Paytm CEO Vijay Shekhar Sharma also told CNBC-TV18 that Paytm wasn’t aware of the sale beforehand and that it could have been planned better. Alibaba and Paytm were never together in the business,
he added.

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