Is it true that Paytm is now seeing record GMV figures?
Answer
Answer
You are absolutely right that Paytm continues to see robust sales numbers. For October and November, Paytm reported gross merchandise value (GMV) of Rs.166,000 crore on the Paytm platform. That is a jump of 129% on a yoy basis. Paytm deployed a total of 16 lakh devices in Nov-21, which is the source of revenue for Paytm. Paytm stock has been under stress as weak hands are moving out.