Digital Headlines

Latest Tech News At your Fingertips

Friday, November 24, 2023

Warren Buffett’s Berkshire Hathaway exits Paytm at a 40% loss

Berkshire Hathaway sold its shares in the Paytm-parent firm One97 Communications Friday, booking a loss of about 40% on the investment it made more than five years ago. The Warren Buffett firm invested about $260 million in Paytm in 2018, acquiring a 3% stake in the financial services startup at a valuation of about $10 […]

© 2023 TechCrunch. All rights reserved. For personal use only.

from TechCrunch https://ift.tt/zfZH3YW

No comments:

Post a Comment