India, March 15 -- Broking HSBC has initiated coverage on Meesho with a 'hold' recommendation and a target price of Rs 160 ...

HSBC estimates Meesho could achieve an EBITDA margin of around 7% by FY30, valuing the company at roughly $8 billion.

If you thought ecommerce in India today is all about quick commerce, think again. Away from the buzz around 10-minute deliveries, Meesho is showing that a new marketplace model can flourish and even ...

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 ...

The ecommerce major has raised INR 2,439.5 Cr from anchor investors for the initial public offering, selling 21.98 Cr shares With respect to sales for FY25, Meesho is priced at a 5.3x P/S multiple, ...

HSBC said that Meesho's longer-term valuation will depend on the company's ability to monetise customer data beyond its core e-commerce business.

Meesho shares debuted on BSE at Rs 161.2, a strong premium of 45.22 per cent against the Rs 111 issue price. The ecommerce company's public issue raised Rs 5,421.2 crore and was subscribed 79.03 times ...

Meesho has received approval from the NCLT to move its domicile from the US back to India, a process involving the demerger of its Indian operations from its US parent. This reverse flipping allows ...

The e-commerce firm said the policy will expand the zero-commission policy 10x to 12.5 crore products across categories.(Reuters) Mumbai: Amazon India has waived seller commissions on all goods priced ...