Ant Group-backed payments platform 2C2P sinks deep into the red in 2022

Ant Group-backed payments platform 2C2P sinks deep into the red in 2022

Photo: 2C2P.

2C2P, the Southeast Asian payments platform considered among that rare breed of profitable startups, swung to a massive group loss in 2022, even as it posted a 10% growth in revenue over the same period, per regulatory filings.

Edited by: Joymitra Rai