Paytm counts costs of regulatory clampdown as losses swell

One 97 Communications, the parent company of India’s leading digital payments platform Paytm, widened its consolidated net loss to $66.1 million in the quarter ending March, compared to a loss of $20.11 million in the same quarter last year as it grappled with a regulatory clampdown. For the full fiscal year 2024, Paytm’s consolidated net […] © 2024 TechCrunch. All rights reserved. For personal use only.

May 22, 2024 - 08:30
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Paytm counts costs of regulatory clampdown as losses swell

One 97 Communications, the parent company of India’s leading digital payments platform Paytm, widened its consolidated net loss to $66.1 million in the quarter ending March, compared to a loss of $20.11 million in the same quarter last year as it grappled with a regulatory clampdown. For the full fiscal year 2024, Paytm’s consolidated net […]

© 2024 TechCrunch. All rights reserved. For personal use only.