Paytm: Shares plunge in India's biggest ever market debut - NewsBreak
By Yoongi in Business
Updated 2 years ago
Shares in Indian digital payments platform Paytm have plunged by more than 20% on their Mumbai stock market debut. The company raised $2.5bn in the country's biggest ever initial public offering (IPO). Some investors have voiced concerns about the loss-making Paytm's business model. The firm counts Chinese payments giant...