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E-commerce firm Meesho notches $8.8 billion valuation in blockbuster India debut

E-commerce firm Meesho notches $8.8 billion valuation in blockbuster India debut

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Shares of e-commerce firm Meesho jumped about 58% in their debut on Wednesday, giving the company a valuation of 789.3 billion rupees ($8.78 billion) and signalling strong demand for India’s mass-market fashion and lifestyle segment.

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