Sunday, June 30, 2019

Paytm Mall cuts its cash burn by a third, plans to break even in 2 years

This comes at a time when Paytm Mall has undergone a significant management shakeout and moved away from a discounting and cash back-led business to an online-to-offline strategy https://ift.tt/2Xljfuz https://ift.tt/eA8V8J
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Sources: Australian data center provider Firmus is seeking to raise up to $5B in an IPO at the end of October, in one of the largest-ever IPOs in Australia (Julia Fioretti/Bloomberg)

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