- Revenue growth projection: 22-23% YoY for the consolidated entity.
- GMV growth projection: Mid-twenties YoY overall, with Beauty exceeding consolidated growth at high twenties YoY and Fashion trailing at mid-teens YoY.
- Reason for slower physical retail growth: Elections and heatwaves in North India.
- New segmental reporting: Beauty and Fashion segments with separate revenue and GMV growth projections.
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India recently expanded (UPI) to a prestigious location in Paris.
Sun Jul 7 , 2024
UPI launched on July 3, 2024 at the flagship store of Galeries Lafayette on Haussmann Boulevard in Paris. This follows a successful launch of UPI at the Eiffel Tower. This move furthers India’s goal of making UPI a global payment system. The launch is well-timed to serve the expected influx […]
