In May, when SoftBank finally confirmed it had sold its stake in Flipkart to Walmart, all eyes turned towards another homegrown e-commerce player, Paytm Mall. It had received $400 million from SoftBank when it still held a 21% stake in Flipkart and was tied down by a clause. The Japanese giant’s exit from Flipkart had fuelled speculation that it would pull out the cheque book for the Noida-based marketplace, soon.
Taking Offline Online
Paytm Mall aims to rival Amazon and Flipkart by offering competitive pricing and fast deliveries from offline stores in small cities
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