Meesho sale day 1 orders rise about 75% yoy.

(MEESHO) reported about 75% year-on-year growth in Day 1 orders for its Mega Blockbuster Sale. Orders crossed 75,000 per minute at peak within 15 minutes of the sale going live. AI-powered discovery powered around 85% of Day 1 orders. The strong start shows high demand during the festive sale period. This supports the company’s growth in e-commerce volumes. The key triggers are the approximately 75% YoY growth in Day 1 orders, peak of 75,000 orders per minute and AI driving about 85% of orders. This indicates solid festive demand for Meesho. Peers such as Flipkart (Walmart), Amazon India and Nykaa may face comparison on sale metrics. Near-term prices could react to the update. Risks include slower conversion later in the sale or higher discounts. Competitors listed: Flipkart, Amazon India, Nykaa. We have no financial interest in this news.