Indian mobile payments giant Paytm lost more than a quarter of its value on its market debut Thursday after raising $2.5 billion in the country’s biggest-ever IPO, as traders questioned whether the loss-making firm would ever turn a profit. Asia’s third-largest economy has been in the grip of an initial public offering frenzy, with start-ups …
India’s Biggest-ever IPO Paytm Slumps By 27% On Market Debut Read More »
Indian mobile payments giant Paytm lost a quarter of its value on its market debut Thursday, after raising $2.5 billion in the country’s biggest-ever IPO, as traders questioned whether the loss-making firm would ever turn a profit. Asia’s third-largest economy has been in a grip of an initial public offering frenzy, with start-ups attracting billions …
India’s Biggest-ever IPO Paytm Slumps On Market Debut Read More »
Indian mobile payments giant Paytm lost a quarter of its value on its market debut Thursday, after raising $2.5 billion in the country’s biggest ever IPO, as traders questioned whether the loss-making firm would ever turn a profit. Asia’s third-largest economy has been in a grip of an initial public offering frenzy, with start-ups attracting …
India’s Biggest-ever IPO Paytm Slumps On Market Debut Read More »
