Alibaba makes an entry into Indian marketplace, launches Paytm Mall
Monday, February 27, 2017, 11:20 AM
Paytm backed by Alibaba, has rolled out Paytm mall a consumer shopping app, to take on rivals Flipkart and Amazon in the country. The Paytm Mall, an Android app for smartphones is modelled on TMall, China’s dominant e-commerce platform. Alibaba is increasing investments in the online commerce market in India. The Chinese firm has already infused around $200 million into Paytm.