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Meesho losses increase over 6 times to Rs 3,247 crore in FY22 as advertising and...
source link: https://nextbigwhat.com/meesho-losses-increase-over-6-times-to-rs-3247-crore-in-fy22-as-advertising-and-other-expenses-rise/
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Meesho losses increase over 6 times to Rs 3,247 crore in FY22 as advertising and other expenses rise
• Meesho’s losses surge more than 6 times to Rs 3,247 crore in FY22.
• Advertising and other expenses have risen.
• Unlike other e-commerce players, Meesho does not charge sellers a commission on the sale of merchandise. Meesho makes money by charging an advertising fee.
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