{"id":872499,"date":"2024-11-01T09:35:52","date_gmt":"2024-11-01T04:05:52","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=872499"},"modified":"2024-11-01T10:07:00","modified_gmt":"2024-11-01T04:37:00","slug":"meesho-posts-higher-fy24-revenue-driven-by-spike-in-user-base","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/01\/meesho-posts-higher-fy24-revenue-driven-by-spike-in-user-base\/","title":{"rendered":"Meesho posts higher FY24 revenue driven by spike in user base"},"content":{"rendered":"<p>Bengaluru: E-commerce startup Meesho on Wednesday reported higher revenue and narrower losses in FY24 as it benefited from an increase in annual transacting users and a rise in order frequency from existing customers. <\/p>\n<p>In FY24, the company reported operating revenues of \u20b97,615 crore, a 33% increase from a year earlier. Its adjusted losses narrowed by 97% to \u20b953 crores excluding employee share based compensation expense, Meesho said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bengaluru: E-commerce startup Meesho on Wednesday reported higher revenue and narrower losses in FY24 as it benefited from an increase in annual transacting users and a rise in order frequency from existing customers. In FY24, the company reported operating revenues of \u20b97,615 crore, a 33% increase from a year earlier. Its adjusted losses narrowed by 97% to \u20b953 crores excluding employee share based compensation expense, Meesho said in a statement.<\/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":[55,13,4],"tags":[],"class_list":["post-872499","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/872499","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=872499"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/872499\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=872499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=872499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=872499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}