fbpx
HomeNewsMeesho reports 14 Crore customer transactions in 2023, with 80% of orders...

Meesho reports 14 Crore customer transactions in 2023, with 80% of orders originating beyond tier 2 cities

[td_block_11 category_id="1561" ajax_pagination="next_prev" sort="popular1" limit="2"]

E-commerce platform Meesho announced on Thursday that it facilitated transactions for 14 crore customers on its platform in 2023, with 80 percent of orders originating from tier 2 and beyond markets, as stated in a press release.

The home decor category experienced a 60% year-on-year growth, while the beauty and personal care segment saw a 40% increase.

Regarding sellers, Meesho asserted that 60% of its sellers hail from small towns. The company further stated that it successfully onboarded 25,000 non-GST sellers in the last two months.

The release highlighted that in 2023, approximately 75,000 Meesho sellers witnessed double-digit growth, with nearly 10,000 sellers achieving crorepati status and 130,000 becoming lakhpatis.

As per data from data.ai, Meesho registered 14.5 crore app downloads during the year.

Latest articles

Former Premji Invest Partner Atul Gupta launches VC firm to fuel startups across diverse sectors

Atul Gupta, a former ͏p͏artner at͏ Premji Invest, has ͏established͏ Trident Growth Partners (India),...

Nestle launches Maggi’s first meat extender ‘Rindecarne’

Dedi͏͏cated ͏to f͏o͏ste͏͏ring affordable͏ a͏nd nutritiou͏s food c͏ho͏ic͏es, Nestle i͏͏s͏ commi͏tted t͏o devel͏o͏ping pl͏a͏nt-ba͏se͏d...

Allana Group to venture into India’s poultry industry with INR 1,000 Cr investment

Allana Group, a͏ ͏prominen͏t ͏͏pla͏y͏͏͏͏͏er in ͏the F&B sector and a ͏trailblaze͏r i͏n ͏food...

Furniture brand Wooden Street expands presence with new store at Chennai’s Marina Mall

Wooden Street, ͏a p͏rominent pl͏aye͏r in India’s re͏t͏ail͏ furniture sector,͏ ha͏s launc͏hed it͏s 9͏8th...

Related Articles

Zomato receives INR 401.7 Crore show cause notice from GST authority over unpaid taxes

Foodtech giant Zomato has been issued a show cause notice of INR 401.7 Crore...

Meesho announces its largest ever ESOP buyback, allocating INR 200 Cr for employees

Meesho has announced an Employee Stock Ownership Plan (ESOP) buyback program of INR 200...

Walmart invests $600 Million in Flipkart as e-commerce giant gears up for $1 Billion funding round

Flipkart, a prominent e-commerce platform supported by Walmart, is reportedly in the process of...
× Drop a, Hi?