Market
How will Paytm utilize the proceeds from the PayPay stake sale by December 31, 2025?
2
Resolution / Starting Odds
Debt reduction • 25%
Investment in core operations • 25%
Share buyback • 25%
Other • 25%
Paytm's official financial statements and press releases
Story
Paytm's One97 Communications to Sell Stake in Japan's PayPay to SoftBank for $250 Million (Rs 2,000 crore)
Dec 6, 2024, 10:52 AM
Paytm's parent company, One97 Communications, is set to sell its stake in Japan's PayPay Corporation to SoftBank Group for $250 million (approximately Rs 2,000 crore). This decision aligns with Paytm's strategy to divest non-core assets and strengthen its capital base. The Paytm board has approved the sale, confirming the company's commitment to streamline its operations. The deal reflects a broader trend among tech firms to optimize their asset portfolios in a competitive market. The transaction is expected to bolster Paytm's financial position as it navigates the evolving digital payments landscape.
View original story
Similar markets
Other Primary Industry Adjacencies • 25%
Mixed Use • 25%
Energy & Utility • 25%
Transport & Logistics • 25%
Investment in cloud computing • 25%
Debt repayment • 25%
Investment in e-commerce • 25%
Other strategic initiatives • 25%
Liquidity Improvement • 25%
Other Investments • 25%
Infrastructure Development • 25%
Debt Reduction • 25%
Other • 25%
Debt reduction • 25%
Infrastructure projects • 25%
Social programs • 25%
10-15% • 25%
0-5% • 25%
5-10% • 25%
15% or more • 25%
WhatsApp Pay • 25%
PhonePe • 25%
Google Pay • 25%
Other • 25%
Yes • 50%
No • 50%
Corporate Investors • 25%
Individual Investors • 25%
Venture Capital Firms • 25%
Private Equity • 25%
Debt restructuring • 25%
Maintain current debt levels • 25%
Reduce debt significantly • 25%
Increase debt levels • 25%
Other corporate purposes • 25%
Debt repayment • 25%
Expansion of mining operations • 25%
Bitcoin acquisition • 25%