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Paytm sells PayPay stake to SoftBank for $279.2 million

Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.2 million, as the Indian firm sheds non-core assets following a bruising regulatory clampdown earlier this year. The sale of Paytmโ€™s stake in PayPay, which it received through acquisition rights six years ago, follows months of restructuring that saw the [โ€ฆ]

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