eCommerce
Zero Commission Model In Focus After INR 2,440 Cr Anchor Round
[ad_1]
SUMMARY
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, well below Eternal’s 14.33x, Lenskart’s 11.1x and Nykaa’s 9.43x, and brokerages have maintained a bullish stance on the public float
Despite its efforts to improve efficiency through Valmo and an AI stack, Meesho’s value-driven proposition built around the zero commission model could actually increase margin pressure in the…
[ad_2]
Source link