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The New Alliance Helping eBay Court India’s Online Shoppers

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eBay has purchased a stake in Paytm Mall, a leading online marketplace
CREDIT: Shutterstock

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eBay is back for round two in its attempt to win over India’s online shoppers. The company has purchased a minority stake in Paytm Mall, an e-commerce marketplace run by Paytm, India’s leading online payment system. In addition to buying a 5.5 percent stake in the company (for somewhere between $150 and $200 million, according to…

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