Daybreak India’s second-largest logistics player is hurting after putting all its eggs in one basket
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Dec 12, 2024 India's third-party logistics sector faces turmoil as Meesho shifts gears, launching its own logistics arm, Valmo. This transition puts immense pressure on partners like Ecom Express, who have relied heavily on Meesho's success. The podcast delves into Ecom Express's stagnating growth amid fierce competition and operational challenges. It reveals how dependence on one key player can destabilize business models in the fast-evolving e-commerce landscape. The future is uncertain as logistics companies scramble to adapt.
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Ecom Express' Reliance on Meesho
- Ecom Express heavily relied on Meesho, which launched its own logistics arm, Valmo.
- This poses a significant threat to Ecom Express, especially with their upcoming IPO.
Stagnant Revenue of Ecom Express
- Ecom Express's revenue has stagnated, unlike its competitor, Delhivery.
- This is because Ecom Express focused solely on Meesho while Delhivery diversified.
Ecom Express and Meesho's early relationship
- Ecom Express and Meesho have a long-standing relationship, growing together since their early days.
- Ecom Express employees frequently visited Meesho's first office in Bangalore.