E-commerce unicorn Meesho has recorded 1.3 billion orders in the first nine months of this financial year, marking a 34% year-on-year growth, the company said in its annual report. During this ...

India’s overall consumption growth has taken a hit in recent years. Between 2017 and 2019, before the pandemic, the country’s ...

Softbank-backed Meesho has reduced its losses to Rs 53 crore and increased its revenue by 33% to Rs 7,615 crore in FY24. The company is the first Indian e-commerce firm to achieve profitability and ...

Meesho recorded a 31 per cent increase in order growth to 134.2 crore in FY24. According to the data shared by the company, it has recorded 133.3 crore orders in the first nine months of the ...

IPO-bound e-commerce major Meesho saw a 34 per cent year-on-year growth in orders at 1.3 billion during the April-December 2024 period, said the company in its FY24 annual report. It is to be ...

Growing at a compound annual growth rate (CAGR) of 20 percent between 2019 to 2024, the market scaled to $60 billion last ...

and supported sustainable growth within the logistics sector,” Meesho said. As many as 1.3 billion orders were placed on the platform between April to December 2024. Meesho has made significant ...

Lendbox continues to perform better and stands as a symbol of India's growing presence on the global business stage.

Meesho annual review: Gen-Z and smaller towns drive growth The Bengaluru-based firm also said it managed to harness efficiencies through the strategic use of GenAI and machine learning to ...

The growth was also partly triggered by Meesho ... “The next problem to attack would be logistics and the high rate of returns. Meesho could start charging for logistics from sellers to ...

In April 2023, equity research firm Jefferies said that Meesho is growing faster than the overall growth rate of the ecommerce industry in India. “Meesho had an impressive 120 Mn average ...

Meta ad business growth rates. Amazon , Flipkart and Meta have substantially increased their advertising charges, which almost becomes unsustainable for homegrown smaller brands. Meesho’s scale ...