quick Paytm Business Update 

TeknikalRaman

Finance & Business

POSTED BY: Ranjeet Kumar PUBLISHED: Jun 22, 22

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According to media reports, many experts still consider Paytm stock to be overvalued.

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 Furthermore, valuing a firm that is continually changing and expanding

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as well as monetising its operations, is tough.

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The industry in which Paytm operates is very competitive

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 and the switching cost (to customers) is cheap, making the situation difficult.

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 Jio and Amazon Pay, for example, have large coffers and may be aggressive in market expansion. 

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This, along with regulatory uncertainty, makes the company's near-term prospects difficult.