Social commerce unicorn Meesho has reported a sharp spike in losses for the third quarter, underscoring the intense cost pressures facing India’s e-commerce sector even as demand remains resilient. The SoftBank-backed startup posted a net loss of INR 491 crore in Q3, marking a nearly 13-fold increase compared to the same period last year, according to its latest financial disclosures.
The steep rise in losses comes despite steady growth in platform activity and seller participation, reflecting the trade-off Meesho continues to make between scaling its ecosystem and moving toward profitability. Industry observers say the numbers highlight how competitive intensity, logistics expenses, and ma
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