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Facebook's big India deal portends a bruising time for SoftBank-backed Paytm

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Home Blogs > Business
Apr 24 '20 | By oiam2companyadmin | Views: 40 | Comments: 0

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Facebook's $5.7 billion investment in Reliance promises to be the biggest headache yet for Paytm, a SoftBank-backed pioneer in India's digital payments market but which has been losing ground to rivals with deeper pockets.
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Source: https://www.reuters.com/article/us-facebook-reliance-jio-paytm-analysis/facebooks-big-india-deal-portends-a-bruising-time-for-softbank-backed-paytm-idUSKCN2261QF?feedType=RSS&feedName=businessNews

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