Indian e-commerce firm Meesho posts wider quarterly loss
Jan 30 (Reuters) - Indian e-commerce firm Meesho MEES.NS on Friday posted a wider third-quarter loss, in its first earnings report since its blockbuster market debut, as higher costs outweighed strong sales. Its consolidated net loss widened to 4.91 billion rupees ($53.44 million) for the quarter ended December 31, compared to a loss of 374.3 million rupees a year ago. ($1 = 91.8770 Indian rupees) (Reporting by Komal Salecha in Bengaluru) ((Komal@thomsonreuters.com;))
Recent news on Meesho
See all newsIndia's Meesho rises after festive season sales witness strong opening-day demand
India's Meesho jumps as content commerce growth fuels profit hopes
Brief: Meesho Says Content Commerce Net Merchandise Value Grows 152% Year-On-Year In August
Snapdeal parent AceVector slumps over 19% in India debut (updated)
India's Meesho slumps after Nomura starts with 'reduce'