SoftBank offloads 2% Paytm stake worth $120m

SoftBank offloads 2% Paytm stake worth $120m

FILE PHOTO: Paytm app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration

Japan’s SoftBank Group Corp has trimmed 2% of its stake in Paytm worth $120 million, sending shares of the Indian digital payments firm down nearly 3% on Thursday.

Edited by: Joymitra Rai