Alibaba Will Buy Paytm Mall Wholly-Owned?

According to reports, by 2020, the number of Internet users in India will reach 600 million, and 50 million of online consumers will grow to 150 million to 200 million.

India is an important emerging market. It is understood that Alibaba will soon compete with Amazon India station and Flipkart.

It has been pointed out that Alibaba has discussed with Paytm all Vijay Shekhar Sharma wholly-owned acquisitions or owns a majority stake in Paytm Mall of Paytm.

Alibaba said in August 11th, as of the first quarter of fiscal year 2017 in June 30, 2016, the company's revenue amounted to $4 billion 838 million.

In China, Alibaba has nearly 430 million users, and then the number of users in rural areas will increase to 600 million.

On the other hand,

Emerging markets, Mary Meeker's report points out that India is driving the growth of the global market, with the growth rate of India's Internet users reaching 40%, and the number of users worldwide has increased by 9%.

Other reports indicate that by 2020, the number of Internet users in India will reach 600 million, and 50 million of online consumers will grow to 150 million to 200 million.

At the same time, there was news that Paytm wanted to do so.

Divestiture, "One97 will not have any shares in the divestiture business."

"Alibaba can easily get a larger share of Paytm Mall so that Alibaba does not have to start the business of India from scratch," SanchitVirGogia, chief analyst of Greyhound Research, a market research firm, said.

Alibaba did not comment in detail. The company said in its mail: "India is an important emerging market with great market potential. We will be committed to developing this market for a long time."

Once the paction is successful, Paytm will receive additional capital to invest in its payment business.

Alibaba has invested $675 million in One97.