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Meesho Posts First-Ever Profit, Plans IPO in 12 to 18 Months

Indian e-commerce startup Meesho has posted its first-ever profit and is targeting a stock market listing in the next 12-18 months, a senior company executive said in an interview. Meesho competes with Amazon and Walmart’s Flipkart in India’s fast-growing e-commerce market, with its website becoming popular by targeting smaller towns and cities.

Author: . [Source Link (*), Gadgets 360]

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