Urban Company reports strong NTV growth across India and overseas markets
Urban Company said net transaction value grew strongly across its India business and international operations, signalling continued demand for its home-services marketplace.
Urban Company reported strong net transaction value growth across its India and overseas operations.
Why this matters
The NTV update follows Urban Company’s Q1 revenue rise of 44% and wider loss tied to InstaHelp investment, alongside its report that InstaHelp surpassed 100,000 daily orders. Morgan Stanley also raised its target on core growth.
Retail-company signals are accelerating, up 228567% QoQ.