Latest News | Meesho Order Volume More Than Doubles to 91 Crore, Onboards 5 Lakh Suppliers in 2022

New Delhi, Dec 21 (PTI) Softbank backed e-commerce firm Meesho recorded over 100 per cent jump in order volume to 91 crore in 2022, the company said on Wednesday.

The company onboarded around 5 lakh suppliers in 2022 of which 61 per cent were new to e-commerce and selling online for the first time, Meesho said in a statement.

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As per data shared by Meesho, its sellers were able to save Rs 3,700 crore in commissions in 2022 under the company's zero commission model.

"From Mumbai to Mirzapur, a record 91 crore orders were placed this year, up 135 per cent year-over-year, equalling India's registered voter base in the 2019 Lok Sabha polls," the company said.

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Nearly 130,000 Meesho sellers did sales of over lakh and 6,000 crossed business of over Rs 1 crore in 2022, with Rajasthan and Uttar Pradesh leading the charge.

According to market research firm Redseer Strategic Consulting, Meesho pipped Amazon to become the second-largest contributor in order volume during the first week of last festive season sale which started on September 23.

The e-commerce firm recorded sales of 148 sarees per minute and on an average 93,000 T-shirts, 51,725 bluetooth earphones and 21,662 lipsticks every day during the year.

Meesho found Sunday was the most preferred day to shop, while 8 PM every day was shopping prime time during the year.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)