Vijay Shekhar Sharma founded #Paytm to get into e-wallet services, mobile recharges, and utility bill payments.
Since then, the company has emerged as India’s leading mobile payments & financial services provider.
In the last few years, Paytm has expanded its services to meet the rapid development in the digital space.
💥And now, it has opened as India's largest IPO.
Here's Prateek Singh's take on Paytm #IPO:
💬 Investors have to look at Paytm like any other new-age business, which mostly makes losses initially to gain users and then monetize them later on.
Paytm also follows this model.
The question which investors need to answer before investing in Paytm’s IPO is that how will they generate profits going forward.
They have an active user bare the pwill come from.
To succeed, they will have to come up with ingenious solutions to monetize their current revenue model.💬
📰 Full article here 👉 https://kr-asia.com/paytms-usd-2-47-billion-ipo-sees-lackluster-demand-on-day-one
Since then, the company has emerged as India’s leading mobile payments & financial services provider.
In the last few years, Paytm has expanded its services to meet the rapid development in the digital space.
💥And now, it has opened as India's largest IPO.
Here's Prateek Singh's take on Paytm #IPO:
💬 Investors have to look at Paytm like any other new-age business, which mostly makes losses initially to gain users and then monetize them later on.
Paytm also follows this model.
The question which investors need to answer before investing in Paytm’s IPO is that how will they generate profits going forward.
They have an active user bare the pwill come from.
To succeed, they will have to come up with ingenious solutions to monetize their current revenue model.💬
📰 Full article here 👉 https://kr-asia.com/paytms-usd-2-47-billion-ipo-sees-lackluster-demand-on-day-one