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Showing posts with label alibaba. Show all posts
Showing posts with label alibaba. Show all posts

Saturday, July 15, 2017

Why is PayTM being promoted by the BJP despite Alibaba, a Chinese firm, being its largest shareholder?


I was listening to the latest speech of Kanhaiya Kumar about Indian Media. He was claiming that Government supporters encourage people to boycott chinese products and on the other hand Modi's demonetization policy compelled people to use Paytym. He further claimed that Paytm is a chinese invested company.After the note ban, PayTM usage increased by 400% and the app has now been downloaded on over 50 million devices. The circumstances in itself were in favour of apps like PayTM and Freecharge