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Meesho loss reduces to Rs 53 cr, revenue up 33% to Rs 7,615 cr in FY24

The e-commerce firm had posted a loss of Rs 1,569 crore, excluding ESOP cost, and revenue of the company was at Rs 5,735 crore in FY23New Delhi: Softbank-backed Meesho has reported a significant narrowing of losses to Rs 53...

Meesho records 35% YoY increase in orders in 2024

Its growth is attributed to factors such as increased demand from smaller towns, rise in Gen Z shoppers, and innovations in generative artificial intelligence (AI)Bengaluru: Indian e-commerce marketplace Meesho has recorded around 35% year-over-year (YoY) increase in orders in...

Meesho records 145 crore customer visits during Meesho Mega Blockbuster Sale 2024

Meesho witnessed an increase in demand this year, with total orders rising over 40% compared to last yearBengaluru: SoftBank-backed e-commerce platform Meesho has recorded  145 crore customer visits during its festive sale event ‘Meesho Mega Blockbuster Sale 2024’, according...

Meesho sees 6.5 cr unique visitors on Day 1 of festive season sale; orders double

The company's app downloads reached around 1.5 crore ahead of the sale and the number of purchase orders has doubled on the first day of the sale on Friday as compared to that of the previous seasonNew Delhi: SoftBank-backed...

Meesho Mall expands branded offerings with Mamaearth, Himalaya, Dabur and Titan

Meesho Mall now features a portfolio of 1,000 direct-to-consumer (D2C) and regional brands, representing a ten-fold increase in brand partnerships since its inception in August 2023Bengaluru: Homegrown online marketplace Meesho has expanded its branded offerings by partnering with brands...

Over 60% of consumers to increase online shopping budgets this festive season: Meesho

50% of the respondents use influencer links to shop for trending products, with 70% following influencers for product reviews and hauls Bengaluru: E-commerce adoption in tier-2 and beyond cities is set to grow as more than 60% of mass consumers increase...

Meesho enables 8.5 lakh seasonal jobs ahead of festival season, mostly in tier-3, tier 4 cities

Meesho's sellers have hired 5 lakh seasonal workers as part of their requirements for the festive seasonNew Delhi: E-commerce platform Meesho on Thursday said it has enabled 8.5 lakh seasonal jobs within its seller and logistics network ahead of...

Meesho says 33% e-comm shoppers under 25 years

More than 80 per cent of Indian online shoppers come from tier 2 and beyond cities such as Ambur, Rourkela, Sangli and ZirakpurNew Delhi: Softbank-backed e-commerce firm Meesho on Thursday said 33 per cent of users under the age...

Meesho strengthens board with the appointment of 4 independent directors

The new independent directors are Kalpana Morparia, Hari S Bhartia, Surojit Chatterjee, and Rohit Bhagat, each bringing extensive experience in areas such as technology, finance, entrepreneurship, and governance practices Bengaluru: Indian e-commerce marketplace Meesho has appointed four independent directors to its...

Meesho initiates legal action to counter fraudulent activities

Meesho has filed two first information reports (FIRs) against the fraudsters, one in Kolkata and another in Ranchi Bengaluru: Indian e-commerce marketplace Meesho has initiated an extensive on-ground investigation to counter a series of fraudulent activities perpetrated by individuals falsely exploiting...
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Raymond Lifestyle posts Rs 45-crore loss in Q4

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