SoftBank-backed e-commerce platform Meesho reported a significant milestone during its annual festive season 'Meesho Mega Blockbuster Sale'. On the first day, Meesho recorded a 100% increase in orders compared to the previous year, with about 6.5 crore unique visitors on its portal. Additionally, the platform saw approximately 1.5 crore app downloads ahead of the sale. Overall, festive day sales across various online retailers, including Flipkart, Amazon, Meesho, and Myntra, crossed Rs 26,500 crore in three days.
#OnETNOW | Kushal Bhatnagar shares his expert opinion on the current e-commerce trends, highlighting the potential for accelerated growth in the festive quarter, driven by the positive impact of a good monsoon season. @Redseer @_sherylld @SrishtiSharma_ https://t.co/kRZIFBGe3i
#OnETNOW | Will festive season recovery boost the auto sector despite a dip in September sales? Tune in to know BNP Paribas' Kumar Rakesh for insights on premiumization and future growth! @BNPParibas @AyeshaFaridi1 @avannedubash @nikunjdalmia https://t.co/HuHEi0Wx6H
E-commerce giants such as Flipkart and Amazon are expected to achieve a growth of 20-25% in their festive season sales this year, based on the initial response observed during the first three days of sales #Flipkart #amazon #sale #festivesale https://t.co/TBeTny0Lnc