Chinese Nationals Step Down from Paytm Board Ahead of Planned IPO; No Change in Shareholding

Alipay representative Jing Xiandong, Ant Financial's Guoming Cheng, and Alibaba representatives Michael Yuen Jen Yao (US citizen) and Ting Hong Kenny Ho have ceased to be directors of the company, as per the regulatory document. Chinese Nationals Step Down from Paytm Board Ahead of Planned IPO; No Change in Shareholding