Softbank-backed Meesho records 80% jump in sales on day 1 of festive season sale

Softbank-backed e-commerce firm Meesho on Saturday said it registered around 80 per cent jump in the business with close to 87.6 lakh orders on Friday, the first day of its five-day festive season sale. Tier 2, 3 and 4 cities accounted for around 85 per cent of orders on day one, the company said in a statement.