15.1 C
New Delhi
Friday, November 22, 2024

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

Published:

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.

SnackTeam
SnackTeamhttps://snackfax.com
SnackTeam is a specialised group of editorial staff motivated to improve the lives of individuals and society. The team intends to bring the most authentic, well-researched and dependable content for you and your loved ones every day.
Subscribe to our Newsletter!

Stay updated on the latest news, trends, and top startups with Snackfax's daily newsletter!

Related articles

Recent articles

× Drop a, Hi?