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VALMO LOGISTICS NETWORK
Meesho's Q3 losses jump 13X on logistics network expansion, higher growth spendingMeesho’s net loss surged 13 times to Rs 491 crore for Q3, driven by the expansion of its logistics arm Valmo and customer acquisition costs...
Shadowfax targeting D2C brands to diversify beyond large marketplaces: CEO Abhishek BansalShadowfax is shifting focus to direct-to-consumer brands and smaller retailers to reduce reliance on a few large clients, while investing i...
NCLT clears merger of Amazon marketplace with logistics armThe National Company Law Tribunal has approved the merger of Amazon Transportation Services (ATSPL) with Amazon Seller Services (ASSPL) in ...
Meesho’s growth story is still in its early stages: Vidit AatreyMeesho is democratizing internet commerce in India. The company aims to bring millions of businesses and hundreds of millions of consumers ...
Meesho shares get first rating post listing, analysts see 80% upside from IPO priceNewly listed Meesho received its first analyst rating, with Choice Institutional Equities initiating coverage with a BUY call and Rs 200 ta...
Meesho's losses cast a shadow on its IPO. Should investors be worried about the earnings future?Meesho, India's largest e-commerce platform by orders, is preparing for its IPO. The company has achieved significant growth by focusing on...
Meesho IPO: There’s no slowdown, India among the least penetrated ecommerce markets globally: CEO Vidit AatreyGlobally, companies such as Pinduoduo and Shopee have scaled massively without owning heavy infrastructure. Meesho’s asset-light approach i...
Growing logistics strain dampens ecommerce’s festive season sales vibeAs India gears up for the festive season, online retailers are facing logistics challenges as record sales are anticipated this year. Compa...
Meesho generates over 1 mn job opportunities ahead of festival seasonMeesho, the Softbank-backed e-commerce firm, has created over a million job opportunities. These jobs are available through its seller netw...
Logistics firms under pressure; The race to deliver styleHappy Thursday! With Indian ecommerce firms insourcing deliveries, the third-party logistics sector is likely to witness consolidation. Thi...
Ecommerce’s in-house delivery turn flips third-party logistics biz scriptIndia's top ecommerce firms like Amazon, Flipkart, and Meesho are internalising logistics, squeezing third-party logistics (3PL) providers ...
Delhivery to acquire Ecom Express in a cut-price deal for Rs 1,407 crorePE firms Warburg Pincus, Partners Group, and British International Investment will fully exit their investments in Ecom Express through the...
Meesho's order spike; Zomato takes a dipMeesho's order volumes increased in the nine months ending December 2024, per its annual report. This and more in today's ETtech Top 5.
Exclusive | Quick commerce eating into market share of kiranas, not ecommerce: Delhivery CEO Sahil BaruaDelhivery's cofounder and CEO Sahil Barua said that the economics of 10-15 minute deliveries may not be sustainable beyond groceries and FM...
Meesho enables 8.5 lakh seasonal jobs ahead of festival season, mostly in tier-3, tier 4 citiesMeesho has announced the creation of 8.5 lakh seasonal jobs within its seller and logistics network ahead of the festival season, focusing ...
Delhivery CEO on q-commerce & more; Rapido’s rising GMVHappy Friday! Delhivery’s CEO Sahil Barua spoke exclusively to ETtech about quick commerce and more. This and other big stories in today’s ...
Meesho launches logistics vertical ValmoUnder Valmo, Meesho will aggregate several logistics providers and offer their services to its sellers. Unlike logistics services run by ot...