Ibibo hives off payment unit

Naspers to consolidate the acquired operations in its global payment system.
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The leading e-commerce player Ibibo has sold its payments business - PayU India to Naspers, a media and internet services firm, and would consolidate the local payment operations into its global group, PayU Global.

Ibido is present in 12 countries including Czech Republic, Poland and Hungary.

 

 
 
 
 
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