{"id":885518,"date":"2024-12-09T07:26:35","date_gmt":"2024-12-09T01:56:35","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=885518"},"modified":"2024-12-09T07:32:28","modified_gmt":"2024-12-09T02:02:28","slug":"paytms-singapore-unit-to-sell-stake-in-japans-paypay-for-rs-2364-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/09\/paytms-singapore-unit-to-sell-stake-in-japans-paypay-for-rs-2364-crore\/","title":{"rendered":"Paytm&#8217;s Singapore unit to sell stake in Japan&#8217;s PayPay for Rs 2,364 crore"},"content":{"rendered":"<p>Indian fintech major Paytm\u2019s wholly-owned Singapore entity is set to sell its stake in Japanese fintech corporation PayPay to Softbank Vision Fund 2 for Rs 2,364 crore. <\/p>\n<p>One97 Communications Singapore approved the sale of Stock Acquisition Rights (SARs) held in PayPay Corporation on Friday. The transaction is expected to close this month subject to approvals. The sale is expected to strengthen the parent company\u2019s cash reserves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian fintech major Paytm\u2019s wholly-owned Singapore entity is set to sell its stake in Japanese fintech corporation PayPay to Softbank Vision Fund 2 for Rs 2,364 crore. One97 Communications Singapore approved the sale of Stock Acquisition Rights (SARs) held in PayPay Corporation on Friday. The transaction is expected to close this month subject to approvals. The sale is expected to strengthen the parent company\u2019s cash reserves.<\/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-885518","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\/885518","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=885518"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/885518\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=885518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=885518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=885518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}