Meesho expects stronger Q3 growth due to change in festive sale timeline
Meesho, India's social commerce platform, achieved significant growth metrics during its annual Mega Blockbuster Sale, with orders up 75% YoY and transacting customers increasing 60% YoY. The company expects this performance to drive stronger overall Q3 growth, attributed in part to a shift in the timing of festive sales. The results reflect growing consumer participation and seasonal tailwinds.
Key points
- Orders grew 75% YoY during Mega Blockbuster Sale
- Transacting customers up 60% YoY
- Festive sale timing change expected to boost Q3 performance
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