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Technology

Analysts slash Paytm share price targets

Continuing losses, gloomy outlook hit valuation of India's largest IPO

Widening losses at Paytm, an Indian fintech backed by SoftBank Group and other big names, come amid the global sell-off in technology stocks.

BENGALURU -- Paytm, a financial services company backed by SoftBank Group and Alibaba, is struggling to turn profitable after last year completing the largest IPO in India's history.

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