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SoftBank-backed value commerce platform Meesho emerged as the second-largest player by order share in this year’s festive sales, while Flipkart Group platforms topped the market in both orders and GMV.
Value e-commerce platform Meesho saw soaring demand from India’s small towns in its just-concluded festive sale. Seller registrations went up 3X, while MSME participation jumped 360% over last year.
New Delhi, Sept 24: Softbank-backed e-commerce firm Meesho on Saturday said it registered around 80 per cent jump in the business with close to 87.6 lakh orders on Friday, the first day of its five-day festive season sale. Tier 2, 3 and 4 cities accounted for around 85 per cent of orders on day one,
Around 85% of orders were placed in Tier 2, 3 and 4 cities on the first day, the business reported in a statement.
New Delhi, Sept 24: Softbank-backed e-commerce firm Meesho on Saturday said it registered around 80 per cent jump in the business with close to 87.6 lakh orders on Friday, the first day of its five-day festive season sale. Tier 2, 3 and 4 cities accounted for around 85 per cent of orders on day one, the company said in a statement. “Meesho clocked a record around 87.6 lakh orders on the first day of its flagship festive sale event — […]