Meesho IPO: There’s no slowdown, India among the least penetrated ecommerce markets globally: CEO Vidit Aatrey

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As Meesho readies itself for the public markets — it is poised to become the first new-age horizontal ecommerce marketplace to list in India — the company is doubling down on its asset-light strategy, while simultaneously working to widen its user base, cofounder and CEO Vidit Aatrey told ET. Meesho’s model, which mirrors Asian ecommerce giants Pinduoduo and Shopee, contrasts sharply with that of homegrown rivals Flipkart and Amazon, which have poured billions of dollars into building deep logistics and supply-chain infrastructure. In a…



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Meesho IPO: There’s no slowdown, India among the least penetrated ecommerce markets globally: CEO Vidit Aatrey



As Meesho readies itself for the public markets — it is poised to become the first new-age horizontal ecommerce marketplace to list in India — the company is doubling down on its asset-light strategy, while simultaneously working to widen its user base, cofounder and CEO Vidit Aatrey told ET. Meesho’s model, which mirrors Asian ecommerce giants Pinduoduo and Shopee, contrasts sharply with that of homegrown rivals Flipkart and Amazon, which have poured billions of dollars into building deep logistics and supply-chain infrastructure. In a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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