Alibaba hits pause button on fresh India investments

Alibaba hits pause button on fresh India investments

Jack Ma. Photographer: Tomohiro Ohsumi/Bloomberg

Alibaba Group Holding Ltd, one of the biggest investors in Indian startups such as Paytm and Zomato, is temporarily halting fresh investments in the country as the Chinese e-commerce giant reviews its India strategy, four people aware of the development said.

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