Investment
MARKETS: Alibaba, Jack Ma Offload Stocks From Paytm Mall
According to reports, Paytm Mall’s largest investor, Alibaba Group, has sold its entire stake in the e-commerce entity.
Alibaba has sold a 28.34 percent stake, and Ant Financials (Netherlands) unloaded another 14.98 percent of its shares.
The company has sold a 43.32% stake for INR 42 crores. The shares were bought back by Paytm E-commerce Pvt Ltd, the parent entity of Paytm Mall. Paytm said it is facing some unique challenges because of the pandemic.
The company is facing pressure from declining market economics and demanding circumstances that impose continuous pressure on financial metrics, and the specified shareholders (Alibaba and Ant Financial) have expressed their desire to exit their investments in the company. The sale price of Jack Ma’s stake in Paytm Mall brings the company’s valuation down to Rs 100 crore from $3 billion.
OER Magazine September Edition 2026
Oman’s Hospitality Sector Enters a New Phase of Growth: Sadiq Al Matwani Al Lawati
ROHM Opens Landmark 15th Anniversary Season with its Acclaimed Production of Zeffirelli’s Rigoletto
Luxury Watches That Could Appreciate Over the Next Decade [2026 Auction Buyer Guide]
How Much Are People in Oman Saving Every Month – And What Could It Become if Invested in the MSX?
Liva Insurance Secures Three Major Honours at the Alam Al-Iktisaad Awards 2026
F5 Puts Spotlight on AI Security Innovation in Oman
bp’s New Programmes Set to Benefit Communities Across Oman
The Gulf Salary Equation: The Real Cost of Living in Muscat and Dubai
Al Mouj Muscat Hands Over Completed Buildings of Al Mouj Business Park
Power And Beyond: The Path To A Low-carbon Future
Al Mouj Muscat unveils Ghadeer Villas
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Hospitality Industry in Oman Estimated 90% Growth in 2022
Renewables are booming, but not fast enough to cap greenhouse emissions
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Technology to drive Sultanate’s downstream industry
Digitization and Logistics Service Providers Can Help SMEs Make the Most of Peak Season Retail Trends
Oman’s Hospitality Sector Enters a New Phase of Growth: Sadiq Al Matwani Al Lawati
Amr Baabood: Oman Climate Week Is About Moving From Climate Ambition to Climate Action
Mayan Al Asfoor on Leadership, Legacy and Empowering Omani Talent
LEADERSPEAK: Dhofar Insurance CEO Sunil Kohli on Oman’s Insurance Sector, Reinsurance & Market Outlook
VIDEO: Robert MacLean on how NHI is Shaping Oman’s Next Generation of Hospitality Leaders
The Future of Oman: Decoding The Sultanate of Oman’s Strategic Promotional Nation Brand
EXCLUSIVE: AI, Robotics & Wearable Sensors are Changing the Lives of Dementia Patients
EXCLUSIVE: Talking Renewable Projects & Sustainability in Oman and Beyond with Vipul Tuli
VIDEO: Eng. Salim Al Thuhli, CEO, Khazaen Economic City on Investment Opportunities
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
-
Artificial Intelligence2 weeks agoTop 5 Interesting Things AI Did This Month – September 2026 Edition
-
Highlights1 month agoOERLive: Top 10 Mathematical Problems AI Has Solved or Transformed
-
Magazines1 month agoOER Magazine July Edition 2026
-
Fashion2 days agoLuxury Watches That Could Appreciate Over the Next Decade [2026 Auction Buyer Guide]
-
Magazines1 month agoAl Mar’a Magazine July 2026
-
Alamaliktistaad Magazines1 month agoAlam Al-Iktisaad Magazine July 2026 Edition
-
Magazines2 months agoOER Magazine – June 2026 Edition
-
Banking & Finance2 months agoOman Arab Bank CEO Sulaiman Al Harthi Retires as Ali Al Mani Is Named Successor