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Fake $14.7 Billion Textron Takeover Bid Leads to Criminal Charge

Benzinga

Jack Ma, Warren Buffett Backed Paytm Looks To Breakeven Soon: Bloomberg

Paytm, backed by SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF) and Alibaba Group Holding Ltd’s (NYSE: BABA) fintech affiliate Ant Group, looks to break even on an operating basis over the next year-and-a-half, Bloomberg reports. The Indian digital payments pioneer doubled its gross merchandise value to $34.3 billion in the March quarter. Paytm looks to become profitable in six quarters on operating earnings before interest, tax, depreciation, and amortization. Also Read: Alibaba Is The Real Winn

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