scorecardresearchPaytm at near 6-month high as quarterly revenue surges

Paytm at near 6-month high as quarterly revenue surges

Updated: 08 Aug 2022, 02:54 PM IST
TL;DR.
Paytm, which competes with Google's payment app and Walmart Inc's PhonePe in India's digital payments market, said it is on track to achieve operational profitability by September 2023.
Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of PayTM, at PayTM office, in Noida, India, on Friday, July 22, 2022. Sharma promises $1 billion in revenue on path to profit, and to expand in lending to pursue growth. Photographer: Ruhani Kaur/Bloomberg

Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of PayTM, at PayTM office, in Noida, India, on Friday, July 22, 2022. Sharma promises $1 billion in revenue on path to profit, and to expand in lending to pursue growth. Photographer: Ruhani Kaur/Bloomberg