Meesho · tone and specificity signals across the available quarters.
Language signals
Our annual transacting user base crossed 250 million for the first time. It was 251 million and on a YoY basis about 34% which is quite strong. So we continue to be India's largest platform by Android transacting users as well as orders and still the most downloaded shopping app in India.
Going forward this all these numbers on bottom line peaked in this quarter and as I said in the next two quarters you should start to see them come back to where they were at the beginning of this year.
What we have built is quite sophisticated systems that now use AI to do the right targeting and get the right ROI for these sellers. Most of the platforms because they have branded sellers tend to focus a lot more on keywords... whereas most of our sellers they are the smallest to medium-sized sellers, may not have known brands, so they're very very sensitive to return on ad spends.
Our goal is more customer backward of continuing to make all our products more and more affordable to them.
We do not take a specific goal of how much Valmo share should be. We will continue to give volumes to the partner who is the most cost efficient for every lane.
Our return on ad spend continues to be one of the industry best, in fact multiples of what other e-commerce players offer in India or anywhere else in the globe.