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Meesho claims Indian e-commerce first with positive cash flow

30 October 2024 at 07:10

Meesho has become India’s first horizontal e-commerce firm to generate positive cash flow, marking a significant shift in a market where profitability has long remained elusive even as new competitive threats emerge. The SoftBank and Prosus-backed startup, which serves customers in smaller Indian cities and towns, reported positive operating cash flow of β‚Ή232 crores ($27.6 […]

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