Subscribe
24NEWSHOUR 24NEWSHOUR
Write For Us
  • Home
  • Business
  • Education
  • Entertainment
  • News Update
  • Others
    • Technology
    • Health & Lifestyle
  • Write For US
  1. Home
  2. Business
  3. Meesho creates new record, clocks ~87.6 lakh orders on day one of Mega Blockbuster Sale
Business

Meesho creates new record, clocks ~87.6 lakh orders on day one of Mega Blockbuster Sale

 Meesho creates new record, clocks ~87.6 lakh orders on day one of Mega Blockbuster Sale

Bangalore, September 27, 2022: Meesho, India’s fastest growing internet commerce company, clocked a record ~87.6 lakh orders on the first day of its flagship festive sale event — the Meesho Mega Blockbuster Sale, with consumers flocking to the platform for a range of products. This is the highest number of orders recorded by the company in a single day – up ~80% from day one of previous year’s sale.

Tier 2, 3 and 4 cities accounted for ~85% of orders on day one of the Meesho Mega Blockbuster Sale. Reaffirming its continued commitment on underserved users with different needs around selection and affordability, the company saw consumers from deep corners of the country such as Jamnagar, Alappuzha, Chhindwara, Davengere, Hassan, Gopalganj, Guwahati, Siwan, Thanjavur and Ambikapur. With a wide assortment of ~6.5 crore active product listings at lowest prices, the sale exemplifies Meesho’s mission towards democratising e-commerce for everyone. 

Fashion, Beauty & Personal Care, Home & Kitchen and Electronic Accessories were the top-selling categories on day one while consumers bought everything from sarees to analog watches, jewellery sets, mobile cases and covers, bluetooth headphones, choppers and peelers in record volumes to fulfil their festive shopping aspirations.

Meesho’s industry-first initiatives like zero commission and zero penalty have been instrumental in getting India’s small businesses online. Seller participation on the first day of Meesho Mega Blockbuster Sale rose 360% from last year, with nearly 75% coming from Tier 2+ markets and beyond. Ahead of the festive season, Meesho created a robust training program on its Supplier Learning Hub, educating sellers on everything from demand forecasting to order volume management.

Utkrishta Kumar, CXO – Business at Meesho, said, “The Mega Blockbuster Sale has started on a high trajectory with a very strong response on day one. This performance is a reflection of the unmatched value sellers and consumers get on our platform, and a validation of our relentless efforts towards democratising internet commerce. With ~85% of orders and ~75% of sellers coming from Tier 2+ cities, we are humbled to have created a far-reaching impact in the deepest corners of the country. We will continue to fuel the discoverability of hyperlocal businesses and products, empower MSMEs, and further boost accessibility and affordability for our heterogenous base of consumers.”

Previous post
Next post

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • DEE DEVELOPMENT ENGINEERS LIMITED FILES DRHP WITH SEBI
  • AGILUS DIAGNOSTICS LIMITED FILES DRHP WITH SEBI
  • Vi Introduces Data Sharing and Night Time Unlimited Data into Vi Max Family Postpaid Plans
  • Gem & Jewellery industry pledges to enhance Trust, Transparency, Sustainability, Traceability & Responsible Sourcing thru’ self-regulation
  • AZAD ENGINEERING LIMITED FILES DRHP WITH SEBI
Latest News
Business

DEE DEVELOPMENT ENGINEERS LIMITED FILES DRHP WITH SEBI

October 4, 2023
Business

AGILUS DIAGNOSTICS LIMITED FILES DRHP WITH SEBI

October 4, 2023
Business

Vi Introduces Data Sharing and Night Time Unlimited Data into

October 4, 2023
Business

Gem & Jewellery industry pledges to enhance Trust, Transparency, Sustainability,

October 3, 2023
24NEWSHOUR 24NEWSHOUR

Get The Post

Business
Education
News Update

Quick Links

About Us
The News Strike
The News Equity

Follow Us

© Copyright 2023. All rights reserved.
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}