Tata’s first ecommerce platform struggles to click as losses rise after exit from key categories

The Tata Group is continuing to burn money on its first ecommerce platform, Tata Cliq.

Tata UniStore, which owns and runs Tata Cliq, posted a 16% increase in net loss at ₹874.7 crore for fiscal 2022-23, even as its turnover dropped to less than half at ₹407.7 crore compared with ₹844.6 crore the year before, as per its latest regulatory disclosures.