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The exit of Alibaba and Ant Financial causes the valuation of Paytm Mall to hit an all time low

Alibaba and Ant Financial departed Paytm Mall, lowering the company's valuation to an all time low.

TheFinanceStory by TheFinanceStory
Published date: 3rd June, 2022
Last edited date: 24th June, 2023
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According to a news source, Jack Ma’s Alibaba and Ant Financial departed Paytm E-commerce Pvt. Ltd, the parent company of Paytm Mall. Those were two of the early investors of Paytm Mall.

The online consumer marketplace did not reveal the current transaction pricing in detail.

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