{"id":872120,"date":"2024-11-01T08:32:08","date_gmt":"2024-11-01T03:02:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=872120"},"modified":"2024-11-01T08:45:22","modified_gmt":"2024-11-01T03:15:22","slug":"meesho-generates-positive-operating-cash-flow-of-rs-232-cr-in-fy24","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/01\/meesho-generates-positive-operating-cash-flow-of-rs-232-cr-in-fy24\/","title":{"rendered":"Meesho generates positive operating cash flow of Rs 232 cr in FY24"},"content":{"rendered":"<p>Meesho said on Wednesday it has become the first \u201chorizontal\u201d Indian e-commerce company to achieve profitability and generate positive free cash flow \u2013 of Rs 232 crore \u2013 in FY24. <\/p>\n<p>A horizontal e-marketplace, according to one definition, sells a wide range of products or services of several industries in a digital one-stop shop. Meesho\u2019s revenue from operations grew 33 per cent to Rs 7,615 crore in FY24, helped by a 36 per cent year-over-year growth in orders delivered. Growth was driven by an increase in the annual transacting users as well as higher order frequency of existing customers, said the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meesho said on Wednesday it has become the first \u201chorizontal\u201d Indian e-commerce company to achieve profitability and generate positive free cash flow \u2013 of Rs 232 crore \u2013 in FY24. A horizontal e-marketplace, according to one definition, sells a wide range of products or services of several industries in a digital one-stop shop. Meesho\u2019s revenue from operations grew 33 per cent to Rs 7,615 crore in FY24, helped by a 36 per cent year-over-year growth in orders delivered. Growth was driven by an increase in the annual transacting users as well as higher order frequency of existing customers, said the [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-872120","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/872120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=872120"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/872120\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=872120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=872120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=872120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}