{"id":885147,"date":"2024-12-07T07:22:45","date_gmt":"2024-12-07T01:52:45","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=885147"},"modified":"2024-12-07T07:22:45","modified_gmt":"2024-12-07T01:52:45","slug":"paytm-set-to-sell-stake-in-japans-paypay-to-softbank-for-250-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/07\/paytm-set-to-sell-stake-in-japans-paypay-to-softbank-for-250-million\/","title":{"rendered":"Paytm set to sell stake in Japan&#8217;s PayPay to SoftBank for $250 million"},"content":{"rendered":"<p>One97 Communications, the parent company of Paytm, is close to finalising a $250 million (approximately Rs 2,000 crore) deal to sell its stake in Japan\u2019s digital payments company, PayPay Corporation, to SoftBank Group, according to a Moneycontrol report. <\/p>\n<p>The sale is part of Paytm\u2019s broader strategy to offload non-core assets and strengthen its capital base, enabling a sharper focus on its core payments business after a challenging year. Earlier in 2024, the company sold its entertainment ticketing business, Paytm Insider, to Zomato for Rs 2,048 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One97 Communications, the parent company of Paytm, is close to finalising a $250 million (approximately Rs 2,000 crore) deal to sell its stake in Japan\u2019s digital payments company, PayPay Corporation, to SoftBank Group, according to a Moneycontrol report. The sale is part of Paytm\u2019s broader strategy to offload non-core assets and strengthen its capital base, enabling a sharper focus on its core payments business after a challenging year. Earlier in 2024, the company sold its entertainment ticketing business, Paytm Insider, to Zomato for Rs 2,048 crore.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-885147","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/885147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=885147"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/885147\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=885147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=885147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=885147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}