January 2024 – Page 34 – CTN News

The H&M Ad About Sexualizing School Girls Is Pulled After Complaints

The H&M Ad About Sexualizing School Girls Is Pulled After Complaints

(CTN News) – The fashion retailer H&M has withdrawn an advertisement that featured school girls after getting complaints that the campaign encouraged the sexualization of girls...

Chrome Now Has a Disclaimer After Google Got Sued For $5 Billion

Tech1 year ago

Chrome Now Has a Disclaimer After Google Got Sued For $5 Billion

(CTN News) – In Chrome’s Incognito mode, Google has added a privacy disclaimer. A blurb now appears when users with an experimental version of Chrome open...

A press release issued by Paytm on Monday announced that the number of its monthly active users has exceeded 100 million. Vijay Shekhar Sharma, the company's founder, emphasized the importance of acquiring new users in order to monetize this growing user base. Several of Paytm's products, including UPI credit and UPI autopay, have experienced substantial growth, resulting in what Sharma describes as high-quality customers. Sharma highlighted Paytm's commitment to technological innovation. With the use of artificial intelligence (AI) in code generation, the company has been able to deploy new technology updates more rapidly, leading to an increase in operational efficiency. By the end of December 2023, the number of merchant subscriptions had exceeded one crore, proving the company's success far beyond its user base. According to reports, Paytm is currently looking for ways to generate more revenue through subscriptions and Merchant Discount Rates (MDRs) for products like RuPay credit cards that use its platform. Additionally, the company is tapping into revenue streams from merchant lending and marketing services tailored to merchants in order to expand its revenue streams. In Q3 FY24, Paytm reported a revenue of Rs 2,850 crore, a 38 per cent year-on-year growth, bringing in a revenue of Rs 2,850 crore. It is believed that the rapid growth of Gross Merchandise Value (GMV), the number of devices added, and the flourishing business of financial services all contributed to this growth trajectory. It is worth noting that Paytm's stock closed the previous week on a positive note, closing at Rs 784.2, which represents a market capitalisation of Rs 49,800 crores (USD 6 billion) at the end of the week. The company's diversified approach to the business is evident in its use of multiple devices such as soundboxes and card machines, as well as plans for additional devices to be added in the near future.

Tech1 year ago

Paytm Reaches Milestone: 100 Million Monthly Active Users

(CTN News) – Paytm announced on Monday that its monthly active users exceeded 100 million. Vijay Shekhar Sharma, the company’s founder, emphasized the importance of acquiring...

Pakistan's Inflation Rate Is Expected To Remain At 18.5%, The IMF Warns

News1 year ago

Pakistan’s Inflation Rate Is Expected To Remain At 18.5%, The IMF Warns

(CTN News) – Despite the IMF’s warning, the rate of inflation in Pakistan is expected to remain at a high of 18.5 per cent, while rates...

Gold Prices Spike 10% On Rate Cut Speculation, According To UBS

Business1 year ago

Gold Prices Spike 10% On Rate Cut Speculation, According To UBS

(CTN News) – As a result of potential interest rate cuts, gold prices could close the year up to 10% above current levels, UBS strategists said....

Tim Scott Proposes To Mindy While Running For The Republican Nomination In 2024

Entertainment1 year ago

Tim Scott Proposes To Mindy While Running For The Republican Nomination In 2024

(CTN News) – A proposal has been made by South Carolina Sen. Tim Scott to his girlfriend, ending speculation regarding his romantic prospects. According to the...

Student Loan Fund Act 2023 Aim to Tackle 100 Billion Baht Bad Debts

News1 year ago

Student Loan Fund Act 2023 Aim to Tackle 100 Billion Baht Bad Debts

(CTN News) – Thailand’s Student Loan Fund (SLF) has bad debts totalling 100 billion baht (US$2,816,902,000). This represents a huge increase over 2017, when the total...

Online Gaming1 year ago

Why iGaming Embraces Cryptocurrencies and There Are Benefits for All

The integration of cryptocurrencies into the iGaming sector has been a game-changer, significantly altering how online gambling operates. From offering BTC faucets as incentives to adopting...

What You Need to Know About Garbage Disposals

Expat Life1 year ago

What You Need to Know About Garbage Disposals

(CTN News) – We depend on the kitchen’s garbage disposal. John Hammes created garbage disposals in 1927, and while their design has largely remained the same...

Revolutionize Your Workshop: Exploring the Power of Garage Vacuums and Giraffe Tools

Learning1 year ago

Revolutionize Your Workshop: Exploring the Power of Garage Vacuums and Giraffe Tools

In the realm of workshop maintenance and organization, two essential elements stand out—garage vacuums and the innovative offerings from Giraffe Tools. Let’s delve into how these...

CTN News – Archives