Entrackr- Paytm News

1
Entrackr

• Paytm News

2
Paytm Latest News - Paytm Mall tests a bunch
buying feature Bang

• According to Paytm latest news, Paytms
  e-commerce platform Paytm Mall is testing a bunch
  buying feature called Paytm Bang. Currently
  labeled as beta and available only to some, Bang
  allows buyers to come back together to shop for a
  product to avail discounts and offers across
  categories.
• According to Paytm Latest news available on the
  Paytm app, users can select an item from a range
  and share the link with their friends within 24
  hours and if a minimum of two buyers pick the
  identical product, the corporate will ship it to
  all or any three with the applicable offer.
• Bang covers Essentials, fashion, electronics and
  residential among other categories under the
  group buying feature and also the discount
  depends on the amount of individuals buying a
  selected product, as per Paytm News.
• The group buying feature was initially championed
  by Pinduoduo in China. In India, Grofers had
  launched a gaggle buying feature in late 2018.
  The corporate was confident about the feature and
  put significant resources to scale it, as per
  Paytm latest news. However, Grofers had
  discontinued the feature in January this year
  because it realized that the feature couldnt be
  scaled.

3
Paytm Mall
4
Paytm News

• Paytm, which had already entered the social
  commerce space with My Store early this year, may
  integrate the 2 features to compete with the
  social commerce companies. Like My Store, all
  shipments and fulfilment for Bang are done by
  Paytm Mall.
• Paytm News has sent queries to Paytm Mall. Well
  update the post as and once they respond.Besides
  Grofers, social commerce startup Dealshare has
  been testing a bunch buying feature for the past
  six-eight months. The Falcon Edge-backed company
  hasnt spoken about the dimensions of the
  feature. Paytm Mall could scale the group buying
  concept on the rear of Paytms substantial user
  base, as mentioned by Paytm latest news.
• Since the start of this year, According to Paytm
  News, Paytm Mall has been trying several features
  like social commerce, mini-program and now group
  buying in what appears to be some concerted
  effort to bring the companys commerce business
  heading in the right direction.India witnessed a
  rough phase with its economy down to 23.5 for
  the second quarter of the fiscal year 2020, which
  is the lowest in six years. Are the Fintech
  affected due to the economic slowdown? Paytm
  latest Newsput light on whats happening inside
  Paytm.Stay updated with Paytm News with Entrackr.

5
Thanks For Watching us

• Online Portal https//entrackr.com/
• Office Address 1203-1205, 12th Floor,Tower B,
  Emaar Digital Greens,Golf Course Ext Rd, Sector
  61Gurugram, Haryana - 122102, India