Magzter GOLD ile Sınırsız Olun
Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin
Meesho becomes first profitable horizontal E-comm firm
The Business Guardian
|August 09, 2023
Meesho, backed by SoftBank, has proudly announced that it has become the first horizontal e-commerce company in India to achieve profitability. The company revealed that it reached profitability at a consolidated profit after tax (PAT) level, covering all costs, including employee stock ownership plans (ESOPs), across all its divisions and categories.
-
Meesho embarked on its path towards profitability last year and surpassed this significant milestone well ahead of the anticipated timeline, achieving it as of July 2023.
Vidit Aatrey, the CEO and founder of Meesho, emphasized the company’s vision to empower small businesses, entrepreneurs, and customers. He stated, “Today’s milestone is a testament to the unwavering dedication of the entire Meesho family.” Aatrey highlighted that being the first horizontal e-commerce platform to achieve profitability in India reflects their commitment to driving sustainable growth, democratizing e-commerce for all, and unlocking India’s heartland’s true potential.
Bu hikaye The Business Guardian dergisinin August 09, 2023 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
The Business Guardian'den DAHA FAZLA HİKAYE
The Business Guardian
Go to nature to feel better
In the fast-paced rhythm of modern life, where stress, anxiety, and restlessness have become constant companions, reconnecting with nature offers a profound source of healing and spiritual rejuvenation.
2 mins
December 19, 2025
The Business Guardian
RBI ANNOUNCES RS 30,000 CRORE G-SEC UNDERWRITING AUCTION
According to the RBI, the Government of India has notified the sale (re-issue) of two Government Securities through an auction scheduled for tomorrow.
2 mins
December 19, 2025
The Business Guardian
WHATEVER HAPPENS IS FOR GOOD: EMBRACING LIFE WITH FAITH
Life is a series of experiences joys, sorrows, successes, and setbacks.
2 mins
December 19, 2025
The Business Guardian
Mumbai International Airport sets new record with 1.76 lakh passenger traffic on Nov 29
Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) set new records for passenger traffic in November 2025.
1 mins
December 19, 2025
The Business Guardian
CCI takes cognizance of information filed against IndiGo
The Competition Commission of India (CCI) has decided to launch an inquiry into the issue of flight disruptions at IndiGo, taking cognizance of Information filed against the airline.
2 mins
December 19, 2025
The Business Guardian
Indian stock market ends on muted note; IT stocks remain key support
Domestic benchmark indices on Thursday ended on a muted note in the volatile trade with Sensex down 77.84 points or 0.09% at 84,481.81, and the Nifty was down 3 points or 0.01% at 25,815.55.
1 mins
December 19, 2025
The Business Guardian
THE DEAD CANNOT CONSENT: WHY WE NEED POSTHUMOUS PRIVACY LAWS
A new area of concern has emerged since the 2020 death of actor Sushant Singh Rajput.
3 mins
December 19, 2025
The Business Guardian
The Power of Words: Shaping reality through speech
Words are not merely sounds we utter; they are powerful vibrations that shape our thoughts, emotions, and reality.
2 mins
December 19, 2025
The Business Guardian
Rupee likely to bounce back in second half of next fiscal: SBI Report
The Indian Rupee, which has been under pressure in recent times, is likely to bounce back strongly in the second half of the next financial year, from October 2026 to March 2027, according to a report by the State Bank of India (SBI).
2 mins
December 19, 2025
The Business Guardian
Balaji Mannem Conferred Honorary Degree by California Public University (USA)
Mr.
1 min
December 19, 2025
Translate
Change font size