eBay picks up a 5.5% stake in Paytm Mall to open up its global inventory to ~130M+ users on Paytm platforms; sources say the deal is valued at ~$150M (Aditi Shrivastava/The Economic Times)

Aditi Shrivastava / The Economic Times:
eBay picks up a 5.5% stake in Paytm Mall to open up its global inventory to ~130M+ users on Paytm platforms; sources say the deal is valued at ~$150M  —  Ebay has picked up a 5.5% stake in Paytm Mall, as the San Jose-based online marketplace makes another attempt to get a slice of the Indian e-commerce market.

from Techmeme https://ift.tt/30Ccy4h