{
  "id": 16996068,
  "title": "Meesho Q2 loss narrows; Info Edge names Sanjeev Bikhchandani CEO",
  "url": "https://urgent.news/2026/10/29/meesho-q2-loss-narrows-info-edge-names-sanjeev-bikhchandani-ceo",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T01:58:23.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/newsletters/morning-dispatch/meesho-q2-loss-narrows-info-edge-names-sanjeev-bikhchandani-ceo/articleshow/135286130.cms"
  },
  "original_language": "en",
  "account": "In Meesho's second quarter of FY27, the ecommerce platform experienced a narrowing of losses and an increase in revenue. Operating revenue rose 34% to Rs 4,131 crore, while net losses dwindled 68% YoY to Rs 132 crore. In addition to financial improvements, Meesho witnessed a 21% YoY rise in annual transacting users to 284 million and a 7% increase in last-twelve-month purchase frequency to 10.4. Meesho's CEO Vidit Aatrey expressed optimism about the company's growth during the festive season and emphasized India's e-commerce potential. Following Bikhchandani's 16-year tenure, Info Edge is set to receive new leadership from Sanjeev Bikhchandani, who will return as the company's CEO and executive vice chairman.",
  "summary": "Happy Thursday! Meesho’s losses shrunk as revenue grew in the second quarter of FY27. This and more in today’s ETtech Morning Dispatch.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Tech in Asia",
        "title": "Meesho’s quarterly loss narrows 68% as revenue jumps 34%",
        "url": "https://urgent.news/2026/10/29/meeshos-quarterly-loss-narrows-68-as-revenue-jumps-34",
        "published": "2026-10-29T01:43:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}