Social ecommerce unicorn Dealshare sees revenue plunge 74% in FY24

Quick Summary:

De-growth in Dealshare's operating revenue was offset by improvements in its total expenses helped by lower employee benefits costs.

It is currently valued at $1.7 billion, as per Tracxn.

Dealshare laid off several employees amid the CXO shuffle and shutting down its B2B operations.

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Article Details

Author / Journalist: Akshita Toshniwal

Category: StartupsEconomyBusiness

Markets: India

Topics: Crore Policy Operating Information Revenue Dealshare Ecommerce Company Privacy Social Terms

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 08:39:03 (1 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 227 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © YourStory

News ID: 23548410

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Official Website: yourstory.com

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