Ann: Quarterly Business Update for Q2 FY24, page-5

"Record seat adds of 112k, growing total
paid user count to 1.35 million.
This a pretty good stat to have right now considering recent concerns on "new competition ""

True.
No sign whatsoever of any impact from the industry gorilla.

I've always believed that the customer base for the products and services provided by the likes of DSE is near -infinitely granular, meaning that it is eminently possible for anyone to carve out a share of the market for themselves.

Provided the product/service in question is robust and and credible, which DSE's demonstrably is.

And I have to admire the conviction of the company's management in continuing to invest aggressively to drive ongoing growth, when others might have - wrongly - pushed the pause button, waiting to see what happens in the competitive landscape.

.