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Question

Which e-commerce company acquired 25% stake in mobile commerce firm Paytm?

The correct answer is

Alibaba

Understanding Alibaba's Acquisition of Paytm Stake

The question asks to identify the specific e-commerce company that invested in the mobile commerce firm Paytm, acquiring a 25% stake. This strategic investment was a significant move in the digital payments and e-commerce landscape.

Key Details of the Acquisition

The global e-commerce powerhouse, Alibaba, made a substantial investment in the Indian mobile commerce company, Paytm. This acquisition involved securing a 25% stake in Paytm.

Significance of Alibaba's Investment

This investment by Alibaba highlighted the growing importance of the mobile commerce sector in India and Paytm's potential as a major player. Acquiring a 25% stake allowed Alibaba to gain significant influence and access to India's rapidly expanding digital payments market through Paytm.

Considering the options provided:

  • Alibaba: The correct option, known for its extensive e-commerce operations and strategic investments globally.
  • Snapdeal: Another e-commerce company, but not the one involved in this specific acquisition.
  • Flipkart: A major competitor in the Indian e-commerce market, but not the investor in this case.
  • Amazon: A global e-commerce giant, but Alibaba was the company that acquired the stake in Paytm.

Therefore, Alibaba is the e-commerce company that acquired a 25% stake in the mobile commerce firm Paytm.

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Important Questions from Acquisitions and Merger

  1. Recently Microsoft announced its 26.2 billion dollar acquisition of which one of the following professional networking sites?

  2. With which bank have Dena Bank and Vijaya Bank been merged?

  3. Name the media company that purchased the legendary studio of 21st Century Fox.

  4. In November 2020, Mercedes-Benz collaborated with ______ to offer financial benefits to potential HNI (High Net Worth Individual) customers.

  5. Which one of these is the parent company of Google?

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