According to the report, Flipkart s user base grew 21% year-on-year (YoY), Meesho accelerated at 32% while Amazon lagged at 13% user growth primarily due to relative premium offerings as compared to peers.
According to the report, Flipkart s user base grew 21 per cent year-on-year (YoY), Meesho accelerated at 32 per cent while Amazon lagged at 13 per cent user growth primarily due to relative premium offerings as compared to peers.
Manipal group head Ranjan Pai will soon become the largest shareholder in Aakash—one of the few remaining valuable assets of troubled edtech Byjus. This and more in todays ETtech Morning Dispatch.
As per the filings, Fidelity s funds have set Meesho’s fair value at around $4.1 billion as of October 31, 2023, down from around $5 billion as of end-August. Meesho was last valued at $4.9 billion after raising $570 million in 2021.