This next cc will have the IPO funds included. $12 price target will be restated and investors that sold will be screaming! The company will have reduced share count by 5-15%. It will be coiled for a major move up.
NgânLượng.vn, Ayopay, Paybyme, Molpay, Rixty, paytogo, Game Sultan, Friendster, KakaoTalk Malaysia...many more. Seems like buying a stake in One97 is complete stupidity considering all that you could get here for a couple billion. Tan would absolutely sell everything for $20 price tag.
[Alibaba negotiating purchase of online payment services in India]
E-commerce group Alibaba Group Holding Ltd. (China), and Alipay branch is promoting the negotiations to buy back shares worth about 550 million of online payment companies One97 Communications (India)-owns an online payment platform.
India is currently the country has a large amount of Internet users is the world's third e-commerce service but are still relatively underdeveloped./.