Sidhartha Shukla / Bloomberg:

In its first annual report, Walmart's PhonePe reports FY 2024 revenue grew 74% YoY to ~$602M, net losses down 28% YoY to ~$237M, and 200M MAUs as of March 2024  —  - PhonePe released its first detailed annual report on Monday  — The fintech saw its loss shrink 28% to about 20 billion rupees

Sidhartha Shukla / Bloomberg:

In its first annual report, Walmart's PhonePe reports FY 2024 revenue grew 74% YoY to ~$602M, net losses down 28% YoY to ~$237M, and 200M MAUs as of March 2024  —  - PhonePe released its first detailed annual report on Monday  — The fintech saw its loss shrink 28% to about 20 billion rupees

Source: TechMeme
Source Link: http://www.techmeme.com/241023/p1#a241023p1