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Walmart-backed PhonePe’s nine-month 2022 revenue surged to $234 million
PhonePe clocked a revenue of $234.3 million in the first nine months of 2022, the most valuable Indian fintech startup has disclosed in a filing. The nine-month financials marks a jump from the $201.6 million revenue that the Bengaluru-headquartered generated in the 12-month period ending in financial year March last year. PhonePe, which is valued […]
Walmart-backed PhonePe’s nine-month 2022 revenue surged to $234 million by Manish Singh originally published on TechCrunch
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China smartphone market slumps to 10-year low in 2022
After a decade of frantic growth, China’s smartphone market is hitting a speed bump as COVID-19 roils the world’s second-largest economy. The country’s smartphone shipments dropped 14% year-over-year in 2022, reaching a ten-year low, according to research firm Counterpoint. It was also the first time that China’s smartphone shipment had dropped below 300 million units […]
China smartphone market slumps to 10-year low in 2022 by Rita Liao originally published on TechCrunch