Meesho generates positive operating cash flow of Rs 232 cr in FY24

Quick Summary:

Customers have contributed to 233 million ratings, 75 million reviews, and 13 million pieces of user-generated content such as images and videos.

Adjusted losses, as a result, narrowed by 97 per cent from Rs 1,569 crore to Rs 53 crore, excluding employee share-based compensation expense.

Meesho said that by using artificial intelligence (AI) technology to analyse category preferences, demographics and time spent on the platform it delivers a “highly personalised” shopping experience.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: Customer reviews Valmo logistics Logistics E-commerce accessibility Artificial intelligence Prepaid transactions Annual transacting users Meesho downloads Customer engagement Meesho Machine learning Indian e-commerce FY24 revenue

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 11:06:24 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 473 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23335391

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 212 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions