Paytm’s losses, expenses narrow even as revenue drops marginally for financial year before Covid

Paytm’s losses, expenses narrow even as revenue drops marginally for financial year before Covid

Paytm, which competes with Walmart’s PhonePe, Google Pay, MobiKwik, and now WhatsApp Payments as well in the digital payments space, was able to cut its expenses 19 per cent in FY20 from the preceding year.
Check the source here –Source, Financial Express.

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