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Tencent, Facebook, Google in talks to acquire stake in PhonePe

Updated : July 18, 2019 07:29 AM IST

The digital payments company is looking to dilute about 10-12 percent stake and is seeking a valuation of $10 billion.
Tencent Holdings, which holds about 5 percent in Flipkart, is looking at a $200-300 million investment in PhonePe.

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