Meesho Registers 100% Growth In Orders As Annual Sale Event Kicks Off
In the lead-up to the sale, Meesho witnessed 1.5 crore app downloads and nearly 6.5 crore customers visited the platform on day one shopping across categories
Companies
consumer
E-commerce & Marketplaces
Economy
Consumer
E-commerce & Marketplaces
Economy
Over 60% Shoppers Plan To Increase Online Shopping Budgets On Festive Spending: Survey
- by BW Retail World Bureau
- September 11, 2024
Around 40 per cent of shoppers are driven by the fear of missing out (Fomo) on popular products
Brands
E-commerce & Marketplaces
Economy
Enabled 8.5 Lakh Seasonal Job Opportunities This Festive Season: Meesho
- by BW Retail World Bureau
- September 5, 2024
To provide better operational facilities for customers in the deepest corners of the country, Meesho continues to work with third-party logistics (3PL) providers including Delhivery, Ecom Express, Shadowfax, and Xpressbees
Brands
Companies
Finance
News
Meesho CXO Departs For Rival Flipkart In Leadership Shakeup
- by BW Retail World Bureau
- March 21, 2024
Harsh Chaudhary, former Chief Experience Officer (CXO) of monetisation at Meesho, the low-price e-commerce platform, has departed from the firm to join Flipkart, a direct competitor of Meesho. Chaudhary’s move follows his two-year tenure at Meesho and marks a significant addition to Flipkart’s leadership team. As per media reports, Chaudhary’s departure adds to a string […]
Brands
Companies
E-commerce & Marketplaces
Finance
News
Meesho Unveils Rs 200 Cr ESOP Buyback Programme
- by BW Retail World Bureau
- March 14, 2024
Meesho, a leading ecommerce marketplace, made headlines on Wednesday with the announcement of its Employee Stock Ownership Plan (ESOP) buyback programme valued at an impressive Rs 200 crore. This initiative stands as the largest ESOP buyback pool in the company’s history, benefitting approximately 1,700 present and past employees. Under this programme, both current and former […]
E-commerce & Marketplaces
National
News
Flipkart Dominates Indian Ecommerce With 48% Market Share
- by BW Retail World Bureau
- January 27, 2024
A report has revealed that Flipkart, a Walmart group firm, continues to dominate the Indian ecommerce segment with a substantial 48 per cent market share as of FY23. Boasting a 21 per cent year-on-year (YoY) growth in its user base, Flipkart outpaces the industry’s overall growth. The report indicated that mobile and apparel are the […]
Brands
Companies
E-commerce & Marketplaces
Finance
News
Meesho Becomes India’s Fastest Growing Ecommerce Platform: Report
- by BW Retail World Bureau
- January 26, 2024
Meesho is gaining traction and share as the fastest-growing ecommerce platform in India, according to the latest report by Alliance Bernstein. The findings reveal that Meesho currently has a GMV run rate of over USD 5 billion and around 120 million average monthly active users. In December 2023, Meesho exhibited 32 per cent year-on-year (YoY) […]
Brands
Companies
E-commerce & Marketplaces
Finance
News
Meesho’s Revenue Rises 77% To Rs 5,735 Cr In FY 2023
- by BW Retail World Bureau
- December 30, 2023
Meesho’s operating revenue grew by 77 per cent to Rs 5,735 crore for FY 2023 against Rs 3,232 crore in FY 2022, while incurring a loss of Rs 3,247 crore, according to a media report on Friday. The company highlighted that its loss for FY 2023, narrowed by 48 per cent to Rs 1,675 crore. […]
Companies
E-commerce & Marketplaces
Government
News
Retail
About 60% Sellers Feel Hamstrung By Bias Towards Offline Channels
- by BW Retail World Bureau
- December 29, 2023
As micro, small and medium enterprises (MSMEs) continue to ride the ecommerce wave, the Forum for Internet Retailers, Sellers and Traders (First) India, a division of India SME Forum (ISF) in a survey report has highlighted the challenges in the space and the need for policy reforms for a conducive ecosystem and collaboration between policymakers […]
Brands
Companies
E-commerce & Marketplaces
Fashion & Lifestyle
News
Meesho Reports 1.6 Cr New App Installs During Mega Blockbuster Sale, With Strong Demand In Footwear And Kidswear Categories
- by BW Retail World Bureau
- October 17, 2023
Meesho, India’s e-commerce marketplace, has claimed to witness a good festive sale during its flagship ‘Meesho Mega Blockbuster Sale’ that went live from 6 October to 15 October, 2023. According to the official statement released by the brand, by offering a wide selection of quality items at budget-friendly rates, particularly in non-electronic categories, the Meesho […]