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On @Breakingviews: Walmart's PhonePe is Raising Funds at a $12 Billion Valuation, or 25 ... - Latest Tweet by Reuters
The latest Tweet by Reuters states, 'On @Breakingviews: Walmart's PhonePe is raising funds at a $12 billion valuation, or 25 times forecast sales, sixfold rival Paytm's multiple. Its dominant market share helps, but the premium assumes it can make a smooth transition to lending: @ShritamaBose ...'
On @Breakingviews: Walmart's PhonePe is raising funds at a $12 billion valuation, or 25 times forecast sales, sixfold rival Paytm's multiple. Its dominant market share helps, but the premium assumes it can make a smooth transition to lending: @ShritamaBose https://t.co/ZDJDzy71ub— Reuters (@Reuters) March 22, 2023
(The above story first appeared on LatestLY on Mar 22, 2023 02:19 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).