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Paytm dumps 85,000 sellers from its online marketplace to fight fake products

Paytm dumps 85,000 sellers from its online marketplace to fight fake products

(Bloomberg)—Paytm Ecommerce Pvt., the latest entrant into India’s online retailing market, is taking a hard line with suspect merchants to avoid backer Alibaba Group Holding Ltd.’s reputation as a haven for fakes. In one fell swoop, Paytm Mall de-listed 85,000 sellers, leaving just 30,000 on its platform. The move is designed to build trust with […]

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