TOKYO -- Indian digital payments giant Paytm on Thursday said its e-commerce arm raised $150 million from U.S. online mall operator eBay, as it looks to step up its battle against Amazon.
Fintech giant’s e-commerce arm gains firepower to fight Amazon

Paytm CEO Vijay Shekhar Sharma said its e-commerce arm raised $150 million from U.S. online mall operator eBay. (Photo by Shihoko Nakaoka)
TOKYO -- Indian digital payments giant Paytm on Thursday said its e-commerce arm raised $150 million from U.S. online mall operator eBay, as it looks to step up its battle against Amazon.