Sharechat and Meesho are merging. Common investor Elevation Capital brokering the deal.
I think the thesis for merger might be social commerce, but is likely to fail
Cafeinatedpragmatist
Stealth
a year ago
π―
CaptainPlanet
Stealth
a year ago
Why do you say that it will likely fail?
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Barbaadeshwar
Stealth
a year ago
Saath mein dubenge
hellloworld
Stealth
a year ago
And these Meesho guys have the audacity to come on some podcast and do gyanbazzi π€¦ββοΈ
secretsuperstar
Stealth
a year ago
CEO terko aake batayega kya
CheapToad
Stealth
a year ago
How bad is it .. at Share chat right now
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Bro Sharechat doesn't need to buy Meesho or anything else.
Ad revenues are real revenues.
Kunjamin
Stealth
a year ago
This is a dumb as fuck idea that's bound to end in tears, if true.
Social Commerce is a big failure outside of China. TikTok is burning its fingers with the same model in the US. Moj tried that here for a year so did other failed startups like Trell. It just doesnt work here.
HappyFeet92
Stealth
a year ago
Whats the synergy? Meesho has long moved on from social commerce. B2c is more than 85% of their topline now
CircularDisconnection
Stealth
3 months ago
π€―π€― Elevation and news these days
https://share.gvine.app/S7o67ZmhmoWTAmNs7
donna
Stealth
a year ago
πππ