Paytm has proven the resilience of its merchant-led model: JP Morgan

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 27 Oct, 08:19 UTC

In its latest report titled "First Take: All-round beat", JP Morgan said Paytm's focus on its merchant franchise and sharp cost control following the resolution of regulatory restrictions has helped the company achieve EBIT breakeven, proving the resilience of its merchant-led model.

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Sources

• T1Paytm has proven the resilience of its merchant-led model: JP MorganEconomic Times — Tech / Technology / Startups / ETTelecom27 Oct, 08:19