Paytm, SoftBank

Paytm sells PayPay stake to SoftBank for $279.2 million
Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.2 million, as the Indian firm sheds non-core assets following a Paytm's deal with SoftBank for PayPay follows the firm selling entertainment ticketing business to Zomato.
Paytm to offload stake in Japan’s PayPay to SoftBank
Net proceeds from the sale will strengthen One97 Communications consolidated cash reserves to drive future business initiatives.
Paytm to sell stake in PayPay to SoftBank for $250M
One97 Communications, the parent company of Indian fintech giant Paytm, is close to finalizing a deal to sell its stake in Japan's digital payments firm, PayPay Corporation. The proposed transaction with SoftBank Group is worth $250 million (approximately ₹2,
Paytm Singapore Offloads Japan's PayPay Stake to SoftBank Vision Fund 2 for USD 279.2 Mn
The sale proceeds will bolster the cash reserves of Paytm's parent company, One97 Communications, enhancing its ability to pursue future business initiatives focused on creating shareholder value.
Paytm shares rise 0.79%, following sale of SARs in Japan’s PayPay to Soft Bank Fund for ₹2,364 crore
Shares of One 97 Communications were up 0.47 per cent to ₹980.40 on the BSE at 10.54 am today, after the parent company Paytm (Singapore) approved the sale of Stock Acquisition Rights (SARs) in PayPay Corporation,
Paytm hits 52-week high after Singapore arm to sell stake in Japan's PayPay
Paytm currently has a cash balance of over Rs 10,000 crore. The Rs 2,364 crore sale would expand it by over 20 per cent
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Final Break: SoftBank's $265M Paytm exit costs more than expected
SoftBank had projected a narrower final net loss of $100-150 million, anticipating higher proceeds from the sale of Paytm’s ...