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SoftBank's PayPay files for US IPO, plans to raise $2 bn: ReportPayPay Corp, the SoftBank-owned payments app operator, has filed for a U.S. listing of American depositary shares. SoftBank has selected ba...
SoftBank selects banks for US IPO of payments app PayPay: ReportSoftBank is reportedly preparing to list its Japanese payments app operator, PayPay, in the United States, potentially raising over $2 bill...
Zomato layoffs; OpenAI’s $300 billion valuationFood delivery major Zomato has asked 500 of its junior-level employees to leave. This and more in today’s ETtech Top 5.
Udaan’s funding; China’s DeepSeek retortB2B ecommerce firm Udaan raised $75 million from M&G Prudential and Lightspeed at a flat valuation, its CEO Vaibhav Gupta said on Monday. T...
OpenAI’s Asian alliance; Krutrim 2.0OpenAI CEO Sam Altman is forging key alliances in Japan and South Korea to drive enterprise growth. This and more in today’s ETtech Top 5.
SoftBank pledges to spend $3 billion annually on OpenAISoftBank Group plans to invest $3 billion each year to implement OpenAI's solutions across its group companies. The two companies will deve...
PE, VC funds in a bind; OpenAI goes deepSebi’s regulations regarding preferential treatment of large investors pose a dilemma to private equity (PE) and venture capital (VC) firms...
Paytm revenue drops 36%; net loss narrowsWhile the payments app reported a sharp fall in revenue year-on-year, it controlled costs in the December quarter which helped it check its...
Zomato’s Q3 net profit falls; Paytm’s revenue slidesFood and grocery delivery company Zomato, and fintech major Paytm reported their October-December results. This and more in today’s ETtech ...
Paytm reports 36% YoY fall in December operational revenue, net loss down slightly at Rs 208 crorePaytm narrowed its Q3 net loss to ₹208.5 crore from ₹221 crore YoY, despite a 36% revenue drop to ₹1,827 crore, supported by cost-cutting m...
Paytm Q3 Results: Cons loss narrows to Rs 208 crore; revenue slides 36% YoYPaytm Q3 Results: Paytm, operated by One97 Communications, reported a narrowed consolidated loss of Rs 208.3 crore in the December quarter,...
Paytm to announce Q3 earnings on Monday. Here’s is what to expectPaytm, operated by One 97 Communications, is set to report its December quarter earnings, with revenue expected between Rs 1,842 crore and ...
Mobikwik cuts IPO pricing; Paytm’s PayPay stake saleMobiKwik has fixed the price band of its upcoming initial public offering. This and more in today’s ETtech Top 5.
Paytm shares up 3% to fresh 52-week high on nod to sale of PayPay stake for Rs 2,364 crorePaytm share price: Paytm shares hit a 52-week high after its Singapore unit agreed to sell its stake in PayPay for ₹2,364 crore. The deal, ...
HDFC Bank UPI downtime: Gpay, WhatsApp Pay, PayTM, HDFC Bank app will not be available tomorrowHDFC Bank will be conducting necessary system maintenance, leading to the unavailability of UPI services for a three-hour period on August ...
PayU reports over 50% jump in revenue, clocks net profit of Rs 126 crorePayU had reported Rs 1,415.67 crore in consolidated revenues for the fiscal year ending March 31, 2021 (FY21). It had also reported net los...
Stock price not in our control, focus is on profits: Paytm CEO Vijay Shekhar SharmaSpeaking at the company’s first annual general meeting as a listed company, held virtually, he also said Paytm was on track to turn operati...
No RBI observation on data sharing or Chinese angle: Vijay Shekhar SharmaPaytm Founder & CEO says case being sensationalised and that not Paytm but Paym Bank has been asked not to onboard new customers. Sharma al...
Cafe Coffee Day's Siddhartha's suicide is heartbreaking for entrepreneurs: Paytm’s Vijay ShekharA whole generation of internet entrepreneurs have small-town roots and hunger to build something successful.
PayU is in talks to invest $150 million in CapFloatFintech major looking for 25-30% in Capital Float in a deal that could value the latter at about $500 millon