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MEESHO LOGISTICS BUSINESS
ETtech Q&A | We don't intend to get into last-mile quick commerce delivery: Delhivery CEO Sahil BaruaGurugram-based Delhivery, which went public in May 2022, had been the bellwether for the performance of India’s ecommerce industry until th...
Logistics market can’t support more than three players, further consolidation likely: Delhivery's Sahil BaruaDelhivery is entering its next phase of growth, with CEO Sahil Barua betting on high-growth segments while continuing to push hard to expan...
Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
Buy, Sell or Hold: Citi initiates buy on Meesho; Elara Capital recommends buy on Mahindra LogisticsBrokerages are selectively backing consumer, logistics, and e-commerce firms with strong growth prospects. Citi initiates coverage on Meesh...
Meesho: Why Jefferies believes the stock could rally 34% from current levelsJefferies sees significant growth for Meesho. The brokerage initiated coverage with a 'Buy' rating and a target price of Rs 225. This sugge...
Listed new-age companies use AI to tune their daily ops engineCompanies are using AI to personalise discovery, improve marketing efficiency, reduce manual work in logistics, handle customer support, re...
Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
Irrational pricing unlikely in third-party logistics even as ecommerce growth improves: Delhivery’s Sahil BaruaDelhivery CEO Sahil Barua anticipates no "irrational pricing" or heavy capital expenditure in the third-party logistics sector, despite pro...
Gautam Adani calls for India to build, power, and own AI infrastructure on home soilGautam Adani states energy and digital infrastructure will shape future global power. He urges India to build its own artificial intelligen...
Will Meesho's 60% comeback rally cool or can Q4 serve as a new launchpad?Meesho shares remain in focus ahead of Q4 results after a sharp 60% rebound from March lows. While brokerages expect strong NMV growth, con...
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...
Meesho shares in focus as firm enters logistics business, incorporates subsidiaryMeesho is entering the logistics business by incorporating a new subsidiary. This move is expected to be a key driver for the company's fut...
BofA takes a measured view on Meesho’s next phase, starts coverage with 'neutral' rating; stock sheds 5%BofA Securities has initiated coverage on newly listed Meesho with a Neutral rating and a Rs 190 target, citing advertising and logistics a...
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 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...
Meesho recorded 34% year-on-year order growth in April-December 2024: Annual reportDuring FY24, Meesho reported a 33% jump in operating revenue at Rs 7,615 crore, while narrowing its adjusted loss by 97% to Rs 53 crore and...
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 ...
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...
Meesho builds logistics SaaS platform to widen its networkWhile the product is still being developed internally, this would reduce Meesho’s dependence on large third-party logistics players like Ec...
Meesho revenue at Rs 84 crThe firm offers solutions for discovery, logistics and payments to enable easier transactions between resellers and buyers. The category is...