Scalper1 News
Alibaba Group (BABA) and its Alipay affiliated payments company reportedly are in negotiations to purchase a $550 million stake in Indian online payments platform One97 Communications, in a further sign that China’s dominant e-commerce company is expanding globally. A Reuters news story, quoting sources directly involved in the transaction said late Sunday that the talks are in an advanced stage. New Delhi-based One97 plans to use Alibaba’s Scalper1 News
Scalper1 News