Meesho posts higher FY24 revenue driven by spike in user base
Wed, Oct 30, 2024 11:34 AM

Meesho posts higher FY24 revenue driven by spike in user base

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Bengaluru: E-commerce startup Meesho on Wednesday reported higher revenue and narrower losses in FY24 as it benefited from an increase in annual transacting users and a rise in order frequency from existing customers. In FY24, the company reported operating revenues of ₹7,615 crore, a 33% increase from a year earlier. Its adjusted losses narrowed by 97% to ₹53 crores excluding employee share.

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