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Berkshire Hathaway sells remaining 2.46% in Paytm for Rs 1,371 crore

Berkshire Hathaway sells remaining 2.46% in Paytm for Rs 1,371 crore
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Paytm shares operating performance for May; disbursements at Rs 5,502 crore

Paytm said 75 lakh merchants are now paying subscription for its payment devices, up 4 lakh in May, adding that its average monthly transacting users (MTU) rose 24 per cent YoY at 9.2 crore for quarter-to-date.

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What analysts say on Bharat Dalmia, Paytm, SBI Card, HUL and Dr Lal Pathlabs

For Paytm, foreign brokerage Morgan Stanley said GMV growth remained healthy, though it moderated on a YoY basis vis-à-vis last month. Average MTU, it said, was steady and growth sustained at 32 per cent YoY ....

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Paytm Q2 losses narrow QoQ to Rs 571.10 crore

The company's revenue jumped 76% per cent year-on-year at Rs 1,914 crore. The scrip closed at Rs 651.95 on BSE, up 0.27 per cent.  ....

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