Ali responded to Paytm's purchase of UC India business rumors: the news is not true

Recently, Indian media Times of India said that India's largest mobile payment and business platform Paytm plans to acquire UC India business. In this regard, Alibaba and UC issued a clarification statement through the official website and Twitter, Facebook: the news is not true, will not consider the sale of UC India business.

At the same time, Times of India has also published Ali and UC's disclaimer: India is UC's largest and most important growth market, UC will strengthen its globalization strategy and bring better content and services to Indian users.