Paytm stock will crash 44% to ₹1,200; co is 'loss leader': Macquarie
Foreign brokerage believes path to profitability is not clear since company lacks leadership in most segments.
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November 2021
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Paytm tanks 23% on listing, valuation crashes to $14 bn from $20 bn
Foreign brokerage Macquarie expects price to fall 44% to ₹1,200.
Vijay Shekhar Sharma readies for the next frontier
From selling ringtones to running what can be called an Internet conglomerate, Sharma has stayed relevant and is also creating an ecosystem. Now, he wants to take Paytm to the developed world.
Near bullseye: Paytm cuts losses by 40%
Vijay Shekhar Sharma had predicted that the company’s losses would decline by at least 50%.
Paytm Mall: Course correction
Paytm Mall, recovering from the cashback-cash burn syndrome, is hoping its hyperlocal plan will help it carve a niche in India’s e-commerce market.
Paytm credit card promises 1% cashback on all transactions
The fintech company has partnered with Citibank to launch its first credit card.
