SoftBank-backed Meesho most downloaded e-commerce app globally in Oct


India’s Meesho was in Oct the most downloaded e-commerce app globally, according to weblog post by Sensor Tower, a US-primarily based tracker.


SoftBank-backed Meesho was that thirty day period the only Indian company and e-commerce system to attribute amongst the 10 most-downloaded non-gaming apps around the world.







Meesho also saw over 57 million downloads across the Application Retail store and the Google Participate in Store from August to Oct 2021, as for each App Annie, making it the most downloaded application throughout all types in India. The company has observed installations in India improve by above 120 for every cent quarter-on-quarter in Q3 2021, outranking all other e-commerce platforms in the state for quarterly downloads.


“We’ve normally kept our users at the coronary heart of our improvements. Irrespective of whether it is our field-to start with for each cent commission product for sellers or developing a nimbly-sized software, we are making sure Meesho is quick to use for customers even from the farthest corners of our country,” explained Vidit Aatrey, founder and CEO, Meesho.


Meesho mentioned it has reduced entry obstacles, enhanced logistical infrastructure for Tier 2+ marketplaces and fuelled the discoverability of hyperlocal corporations and solutions. The company’s 5-working day festive sale celebration in October cut deeper into India’s underserved markets with 60 for each cent of orders coming from tier 4+ locations, like faraway places like Khawzhwal and Sopore. Now 5 for each cent of all Indian households shop on Meesho each and every day.


Meesho stated it is the least expensive-price system for sellers in India, enabling larger gain margins and expansion. The enterprise was the 1st to introduce a per cent vendor fee model in July 2021 and has because registered a 10X expansion in sellers on the platform. This assisted sellers on Meesho help save in excess of Rs 136 million all through the 5-day festive sale function in October.


With new additions this sort of as sports activities and conditioning, pet materials, automotive add-ons amongst some others, Meesho has now developed its roster to around 700 item groups. Meesho mentioned it has enabled more than 15 million entrepreneurs to start off online firms at zero expense by supporting them faucet into their local and digital communities.

Expensive Reader,
Business Common has normally strived really hard to provide up-to-day details and commentary on developments that are of interest to you and have wider political and financial implications for the nation and the entire world. Your encouragement and constant suggestions on how to boost our presenting have only produced our solve and motivation to these ideals much better. Even throughout these difficult instances arising out of Covid-19, we keep on to continue to be committed to maintaining you informed and up-to-date with credible information, authoritative views and incisive commentary on topical problems of relevance.

We, having said that, have a request.
As we struggle the economic influence of the pandemic, we want your help even a lot more, so that we can proceed to provide you a lot more high quality content. Our membership product has witnessed an encouraging response from numerous of you, who have subscribed to our on line material. Extra membership to our on-line written content can only aid us realize the objectives of presenting you even superior and additional applicable content material. We feel in free, truthful and credible journalism. Your help via a lot more subscriptions can help us practise the journalism to which we are committed.
Support high-quality journalism and subscribe to Small business Standard.
Electronic Editor
