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MEESHO GROWTH DRIVERS
Consumer company CTOs want engineers who can think, not just codeNew-age companies are prioritizing senior engineers with creativity, curiosity, and ownership as they become AI-first. Hiring for engineeri...- Axis Capital initiates coverage on Meesho with 'Buy' rating; lists 3 tailwinds, key risksAxis Capital initiates a 'Buy' on Meesho with a Rs 195 target, anticipating a 34% surge. The brokerage highlights Meesho's strong position ...
- Meesho's Q3 losses balloon & other earningsEcommerce firm Meesho's losses widened despite strong revenue growth. This and more in today's ETtech Top 5.
- Rupee slide weighs on markets, but January earnings could trigger recovery: Dipan MehtaIndian markets are under pressure due to rupee depreciation and trade uncertainty, but the weakness may be temporary, says Dipan Mehta of E...
- Meesho shares zoom 13% to fresh peak; market cap tops Rs 85,000 croreNewly listed Meesho shares rose sharply to a fresh high, pushing the company's market capitalisation past Rs 85,000 crore despite weak broa...
- Meesho shares slip 3% on day 3 of trading. Should you buy, share, hold?Meesho’s post-IPO fireworks eased on Friday as the stock slipped on day three of trading, prompting investors to reassess their next move a...
- 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...
- Ecommerce firm Meesho to launch IPO on December 3; aims to raise Rs 4,250-crore via fresh issueThe company's maiden public offering will conclude on December 5, and anchor investors will be allocated shares on December 2, according to...
- Bike taxis slam brakes in K’taka; Meesho’s flipback nodRide-hailing apps halted bike-taxi operations in Karnataka from Monday, as the high court-imposed ban came into effect. This and more in to...
- Booming quick commerce platforms spot a big surge in ad revenuesQuick commerce platforms like Blinkit and Zepto are experiencing a surge in advertising revenue, with both projected to earn over Rs 1,000 ...
- Blurring of urban-rural demand, digital first defining brand rankings: Brand XcelIt named Jio, Amul, Colgate, Samsung, Vivo and YouTube as among the top 50 brands in terms of ranking, adding that Jio emerged as the bigge...
- BharatPe CFO Nalin Negi to become interim CEO; Satya Nadella all praise for India’s digital infrastructureBharatPe CEO Suhail Sameer, who had a fallout with ousted cofounder Ashneer Grover last year, is set to step down from his post this week. ...
- 2022 Year in Review: Ecommerce sector faces a post-Covid testFrom a constant tussle between Flipkart and Amazon for the numero uno spot and new launches fuel the race to delayed IPOs and regulatory co...
- E-commerce portals see a 28% increase in orders over the first two days of the holiday season: UnicommerceThe firm offers e-commerce companies, more than 15,000 companies, 7,000 warehouses, and 1,500 stores.
- Meesho digitises 30,000 small businesses in WBThe company also said that the platform recently logged more than 102 million downloads in the fourth quarter of FY'22, registering a 5 tim...
- Meesho adds 8 new vernacular languages to tap 377 million potential user baseLast year, Meesho introduced Hindi as a language option on the platform, which has seen a high adoption rate of 20% to date.
- Meesho acquires over 100 million users from Bharat on its platformKeeping up with the surge in demand, the assortment has grown from 8 million to 40 million products since last year, providing customers wi...
- Cloudtail’s exit notice worries small sellers; Meesho lays off more than 150; LeadSquared may be next unicornSome small sellers are worried as Cloudtail hasn’t yet told them where their inventory and business will be shifted before it shuts down.
- What Indian ecommerce will look like in 2022New kids on the block are challenging dominant ecommerce players and expanding deeper into the country to win over new users and push them ...
- Meesho bags $125 million from Facebook, Naspers & othersMeesho offers solutions for discovery, logistics and payments to enable easier transactions between resellers and buyers.
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