The online retailer has added eBay to its shareholders after the online auction platform purchased a 5.5% stake in return for a reported $150m to $200m investment.

Online auction portal eBay has paid between $150m and $200m to acquire a 5.5% stake in India-based e-commerce platform Paytm Mall, TechCrunch reported today. The transaction valued Paytm Mall at $3bn, a source told TechCrunch. Paytm Mall was formed by mobile payment platform Paytm in 2016 as an online marketplace for brick and mortar stores,…

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