Paytm, whose share price has dropped 57% so far this year, reports Q4 revenue of ~$200M, up 89% YoY, and a net loss of ~$98M, up 72% YoY due to higher expenses (Reuters)

Reuters:
Paytm, whose share price has dropped 57% so far this year, reports Q4 revenue of ~$200M, up 89% YoY, and a net loss of ~$98M, up 72% YoY due to higher expenses  —  India's One 97 Communications Ltd (PAYT.NS), the parent of fintech firm Paytm, on Friday reported a wider fourth-quarter loss due …



from Techmeme https://ift.tt/UBjakwv
via IFTTT

Comments

Popular posts from this blog

6 investors discuss why AI is more than just a buzzword in biotech

Voiceflow, a Canada-based SaaS platform that lets companies launch their own voice and chat bots, raises $20M Series A led by Felicis Ventures (Igor Bosilkovski/Forbes)

Ex-staffers say Twitter's mass firing of security staff and growing reliance on automation will help China and other authoritarian regimes in silencing critics (Adam Rawnsley/Rolling Stone)