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With Shopee exit, Meesho sees 'space' to grow, focus on 'monetisation'
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The exit of Shopee — one of the fastest growing social commerce platforms in India — from the market is being viewed by its rivals as an opportunity to grow profitably. Softbank-backed Meesho is learnt to have told its employees that it is aiming to achieve profitability by December, as it expects a positive cash flow and unit economics.
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