Bengaluru: E-commerce startup Meesho on Wednesday reported higher revenue and narrower losses in FY24 as it benefited from an increase in annual transacting users and a rise in order frequency ...

Meesho has become India's first horizontal e-commerce firm to generate positive cash flow, marking a significant shift in a market where profitability has long remained elusive even as new ...

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Meesho said on Wednesday it has become the first “horizontal” Indian e-commerce company to achieve profitability and generate positive free cash flow – of Rs 232 crore – in FY24. A horizontal ...

According to Meesho, its financial improvement was primarily driven by growth in annual transacting users and increased order frequency among existing customers, alongside the use of generative ...

Meesho claimed to have achieved profitability in June 2023, and the SoftBank-backed firm appears on track to post full fiscal year profitability sometime in FY25 or FY26, as its adjusted losses ...

E-commerce platform Meesho has announced a 33% year-on-year increase in operating revenues for fiscal year 2023-24, reaching ₹7,615 crores. The company also reported positive free cash flow and ...