(This year, Poshmark is projected to reach $ 500 million
in gross merchandise volume, compared to eBay's $ 84 billion GMV in 2016.)
It also projects China's e-commerce cross-border trade to more than double to RMB 620 billion ($ 98 billion)
in gross merchandise volume by 2019, from RMB 305.5 billion in 2016.
Still, it was able to reach RMB 100 million ($ 14.4 million)
in gross merchandise volume and finish with a higher GMV than all of the other merchants on Tmall Global during last year's 11.11 festival.
It recently reported a 71 % increase
in gross merchandise volume and a 15 % increase in customer count.
Her small and young handmade handbag company quietly generated nearly $ 300,000
in gross merchandise volume during a two - day live - streaming event on Alibaba's C2C marketplace, Taobao.
Not exact matches
-- Ashvin Kumar, cofounder and CEO of Tophatter, a mobile shopping marketplace which sells more than 3 million items a month and generated $ 320 million of
gross merchandise volume in 2017
Suning's
in - store sales will count toward Alibaba's total
gross merchandise volume, as long as they go through final processing online, an Alibaba spokesman said.
After a star - studded event
in Shanghai late on Friday counted down to the sale's midnight start, Alibaba said
gross merchandise volume (GMV) topped 10 billion yuan
in a little over three minutes, and had almost doubled, to 19.1 billion yuan,
in under six minutes — beating the entire day's sales
in 2012.
Alibaba did 35 billion yuan
in business during last year's festival, and Tech research firm IDC predicts this year's total
gross merchandise volume (GMV) will reach $ 8.62 billion.
President and CEO Brian Hannasch said its network
in Europe, Canada and the acquired CST Brands sites experienced improving trends from higher same - store fuel
volumes,
merchandise revenues and
in - store
gross margins.
The drop
in revenue growth came as
gross merchandise volume — the total value of goods transacted across Alibaba's platforms — rose 34 percent to 673 billion yuan ($ 105 billion), also the slowest growth
in more than three years.
The company only reports figures for
gross merchandise volume on an annual basis and said that for the fiscal year that ended
in March, GMV rose 28 % to $ 768 billion.
In a press release, the Chinese online retailer said that, in 2016, 82 percent of the gross merchandise volume was settled through Alipay, underscoring Chinese consumers» growing preference for digital payment
In a press release, the Chinese online retailer said that,
in 2016, 82 percent of the gross merchandise volume was settled through Alipay, underscoring Chinese consumers» growing preference for digital payment
in 2016, 82 percent of the
gross merchandise volume was settled through Alipay, underscoring Chinese consumers» growing preference for digital payments.
The company was founded
in the year 2004 and reports that it has 275,000 merchants using its platform, with a total
gross merchandise volume exceeding ten million dollars.