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PAYTM MALL BUSINESS
Paytm Mall announces pivot to ONDC as its primary focus; to explore export opportunitiesPaytm Mall spokesperson said, "We are set to build on the revolutionary ONDC program by the Government of India to drive online commerce in...- Expect Paytm Mall biz to break even in a year: Vijay Shekhar Sharma"Paytm Mall business is close to break-even, USD 3 million EBIDTA loss a month and USD 1.2-1.3 billion run rate. In a day, we do 275,000-30...
- Paytm Mall cuts all functions from parent companyPaytm Mall has fully integrated its deals platform Nearbuy, which it acquired in December 2017, with its app and started mapping neighbourh...
- eBay returns to India with 5.5% Paytm Mall stakeDeal, pegged at $150 million, will help eBay load its global inventory in India.
- Paytm Mall cuts monthly cash burn to Rs 40 croreVijay Shekhar Sharma sees breakeven in two years as firm cuts cash burn from a peak of Rs 200 crore last year.
- Ernst & Young probes cashback fraud at Paytm MallThe Startup staff, in collusion with vendors, created fake orders to siphon off funds.
- Behind Paytm Mall’s toils: Why the platform failed to take offDespite backing of big investors, firm’s strategy was dependent on unsustainable cashbacks
- Paytm Mall plans to hire 300 people in next few monthsPaytm Mall is fast emerging as the preferred online-to-offline (O2O) platform across the country.
- Paytm Mall rejigs team to focus on ‘Offline to Online ’Paytm to invest in its merchant ecosystem B2B
- Paytm has no plans to leave Mall business: Vijay Shekhar SharmaSharma, however, said “there is no truth” in these claims about the proposed closure of Paytm B2C business and movement of staff from its e...
- Paytm may add B2B business to fight rivalsWhile Amazon and Flipkart are currently burning cash to bring more buyers and sellers on board, the Alibaba-backed online marketplace is pl...
- Paytm founder pledges personal stock in company’s armSharma’s move would add about $50-million worth of stocks to the ESOP corpus, which will then account for 10% of the overall company.
- SoftBank in talks to lead $500 million round in Paytm MallIf the deal goes through, it will be yet another bet that Masayoshi Son will be taking on India’s fast-changing online retail market after ...
- Paytm Mall lines up Rs 32 crore to onboard 50,000 offline sellersOnline payments provider to set up a team of 500 experts to address the needs of new retailers
- Paytm Mall gets 800 employees from One97 CommunicationsPaytm Mall is looking to hire 2,000 more employees this year specifically for the new entity.
- Offline stores get a spot on Paytm MallThe QR-code-based platform allows these offline stores to create an online presence and catalogue that will enable consumers to buy from th...
- Paytm Mall appoints group veteran Amit Sinha as COOAmit Sinha, an MBA from IIM-Calcutta, has spent nearly a decade at One 97 Communications across business process, human resources and finan...
- Paytm Mall surpasses Rs 100 cr sales in two-wheeler categoryLaunched in February 2016, Paytm Mall's two-wheeler booking platform includes offerings from brands like Suzuki, Honda, Hero and Yamaha, am...
- Paytm mall sets high standards for sellersWhile e-tailing almost tripled to $13 billion in 2015, it grew a meagre 12 per cent in 2016 to $14.5 billion, according to Red-Seer Consult...
- Paytm launches separate smartphone app, website for e-marketplace businessThe platform called Paytm Mall will focus on structured categories and brand-authorised stores with a focus on electronics, top fashion bra...
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