Ice Lounge Media

Ice Lounge Media

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

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Berkshire Hathaway exited Paytm-parent firm One97 Communications Friday at a loss of about 40% on the high-profile 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 billion. The investment […]

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