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CA. Hardik Kachchava

11th Oct · SEBI Registration INH000022136

Performance Update – Meesho Mega Blockbuster Sale 2026

MEESHO
Executive Summary: Meesho has demonstrated exceptional momentum on the opening day of its flagship Mega Blockbuster Sale 2026, underscoring robust consumer demand, platform scalability, and deep market penetration across 'Bharat'. The initial metrics highlight significant year-over-year (YoY) growth across transaction volumes, user acquisition, and merchant participation. Key Performance Highlights: Transaction Volume & Velocity: Day 1 recorded a ~75% YoY surge in total orders. Platform infrastructure seamlessly handled peak transaction velocity, which reached over 75,000 orders per minute within the first 15 minutes of the sale. Total transacting consumers expanded by ~60% YoY. Brand Penetration (Meesho Mall): The branded ecosystem showed outstanding traction, with Meesho Mall orders jumping over 200% YoY. Shoppers from Tier-3+ cities nearly tripled. Notably, over 33% of Day 1 Mall customers were first-time buyers, indicating successful premiumization and new user acquisition, particularly in the high-margin beauty and personal care categories. Ecosystem & Technological Drivers: AI-driven recommendation algorithms powered approximately 85% of all transactions, optimizing product discovery and conversion. Furthermore, content and creator-led commerce grew by 3.7x YoY, driven predominantly (90%) by nano-creators, proving this to be a highly efficient customer acquisition channel in non-metro locations. Supply Side & Merchant Growth: The platform’s value proposition for MSMEs remains strong. Total transacting sellers increased by ~63% YoY. Crucially, seller participation from Tier-4 and deeper markets doubled, and the number of merchants receiving their first-ever order grew by 43%. Category Expansion: Basket sizes reflected broad-based demand. While traditional categories like apparel performed strongly, peripheral festive goods (home decor, wellness, and seasonal essentials) witnessed unprecedented volume spikes ranging from 6x to 8x.

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