Paytm’s founder, Vijay Shekhar Sharma, announced that the company is shifting its business strategy focus. Speaking at Paytm’s 24th Annual General Meeting (AGM) on Thursday, […]
Tag: Fintech
SoftBank Vision Fund 1 Reports Mixed Results: $544 Million Loss on Paytm, Profits on Other Investments
SoftBank’s Vision Fund 1 lost $544 million on its $1.6 billion investment in Paytm, which it sold off completely in the June quarter. In November […]
Ant Group’s Profit Slides Amid Regulatory Challenges and Alibaba Connections
Ant Group, a leading financial technology company based in China, recorded a 19% decline in net profit, totaling 7.87 billion yuan ($1.09 billion) for the […]
Ark Invest’s Dynamic Moves: Trading Coinbase and Nvidia, Boosting Tesla, and Banking on Palantir’s Growth
Key Highlights: Cathie Wood and Ark Invest made significant trades on 3/5/2024: Bought 79,956 Tesla shares Acquired 1,909,769 SoFI shares Added 79,090 Palantir shares Sold […]