Walmart-backed PhonePe winds down its Pincode app in yet another e-commerce step back

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Walmart-backed PhonePe has discontinued its Pincode app, a move that marks another step back for the e-commerce platform, which was launched over two years ago.

Market Impact

Market impact analysis based on bearish sentiment with 74% confidence.

Sentiment
Bearish
AI Confidence
74%

Article Context

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PhonePe has shut down its Pincode app over two years after its debut.

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Original article published by TechCrunch on December 5, 2025.
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