Salman

WhatsApp Will Allow Third-Party Apps To Send Messages

(CTN News) – In a future update to WhatsApp, users will be able to receive messages from third-party apps via a new feature, WABetaInfo reports. Currently,...

TikTok Shares Election Integrity Measures Ahead Of The Election

Tech2 years ago

TikTok Shares Election Integrity Measures Ahead Of The Election

(CTN News) – A comprehensive plan has been announced by TikTok for maintaining its platform integrity during the upcoming parliamentary elections in Pakistan, set for February...

OPEC Early Move Will Accelerate The IEA's Forecast For 2025

News2 years ago

OPEC Early Move Will Accelerate The IEA’s Forecast For 2025

(CTN News) – After OPEC expedited its forecast by six months, the International Energy Agency intends to publish its first 2025 forecast in its monthly report...

Breast Cancer Deaths Are Declining: What Is The Reason?

Health2 years ago

Breast Cancer Deaths Are Declining: What Is The Reason?

(CTN News) – Researchers have pinpointed exactly why breast cancer deaths declined by 58% between 1975 and 2019. In the Journal of the American Medical Association,...

Israel's Relentless Attacks On Gaza Kill 2 Mothers Every Hour, According To The UN

News2 years ago

Israel’s Relentless Attacks On Gaza Kill 2 Mothers Every Hour, According To The UN

(CTN News) – Israeli attacks on Gaza have killed roughly 70 percent of women and children, including two mothers per hour over the past 100 days,...

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

News2 years ago

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(CTN News) – The fashion retailer H&M has withdrawn an advertisement that featured school girls after getting complaints that the campaign encouraged the sexualization of girls...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

Tech2 years 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.

Tech2 years 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...