Stock rises as much as 156% from IPO price on investor enthusiasm for fintech company's potential
Paytm's offering will open on November 8 and see top investor Ant Financial sell shares worth about $630 million or nearly half the offer for sale component
Equity benchmarks tracking the country's internet sector notch double-digit gains since hitting lows in October
Google will next year cut in half the fees it collects from downloads on its Play Store in India, ratcheting up pressure on rival Apple to follow suit.
Southeast Asian payments firm buys stakes from Indonesian conglomerate Lippo and Tokopedia to lift its holdings to 90% from 39%
Anti-competition watchdog calls for regulations on use of internet data to sell ads, claiming Google's dominance in the sector hurts publishers, advertisers and consumers
US government communications show its frustration with India's ban on new card issuance by American Express and Diners Club International in April, and Mastercard in July.
The tech giant will no longer be allowed to force developers to use its tightly-controlled sales tool – however the judge dismissed a claim it was an ‘illegal monopoly’
The US firm’s acquisition heats up the buy now, pay later race in a country where more than two-thirds of all transactions are still paid for in cash
A South Korean parliamentary panel votes to recommend amending a law to stop Google and Apple from charging high commissions on app store purchases
Korean lawmakers are expected to ban app store operators with dominant market positions from forcing certain payment systems. The move is expected to hit both Google and Apple.
• Takeover of buy-now, pay-later firm seen creating rival to PayPal, Klarna • Australian firm’s popularity soared during Covid pandemic...