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Meesho’s quarterly loss narrows 68% as revenue jumps 34%
Meesho, an India-based ecommerce platform, said its net loss narrowed by 68% year on year to 1.3 billion rupees (US$13.9 million) in the quarter ended September 30, 2026.
Revenue rose 34% to 41.3 billion rupees (US$434 million).
The company said its net merchandise value grew 23% year on year to 129.1 billion rupees (US$1.36 billion).
Annual transacting users reached 284 million, while annual transacting sellers rose by 60% to 1.13 million.
Meesho said its cash balance stood at 70.5 billion rupees (US$741 million) at the end of the quarter.
In 2023, the company posted its first monthly profit and said it planned an initial public offering within 12 to 18 months.
That was a historical target, not an updated listing timetable.
Meesho operates in India’s online shopping market, where it is placed alongside Flipkart and Amazon.
🔗 Source: YourStory
