Indian e-commerce player Meesho's quarterly loss shrinks on rising orders
Meesho, a budget-focused e-commerce platform serving India's smaller cities and towns, has reduced its quarterly losses as it expands its footprint. The company operates across fashion, home, and everyday items categories and is focusing on two key levers: growing seller revenue and reducing delivery costs. This represents progress in the company's path toward profitability.
Key points
- Bengaluru-based e-commerce player showing improving financials with shrinking quarterly losses
- Expanding reach into smaller Indian cities and towns for growth
- Working to boost seller revenue and optimize delivery cost structure
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