Sentences with phrase «merchandise volume»
"Merchandise volume" refers to the total amount of products or goods that are sold or exchanged within a specific timeframe. It measures the quantity or number of items sold, regardless of their individual values, to indicate the overall sales activity of a business. Full definition
It recently reported a 71 % increase in gross merchandise volume and a 15 % increase in customer count.
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Since January, the company surpassed $ 1 million in gross merchandise volume by brokering 191 deals between 52 buyers and 50 sellers.
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.
The service has already been integrated with Canada - headquartered Shopify (NYSE: SHOP), one of the largest multi-channel commerce platforms, boasting more than 500,000 merchants with a total gross merchandise volume exceeding $ 45 billion.
But, from an interesting payments perspective, 90 percent of the total gross merchandise volume for the 24 - hour shopping event was settled through Ant Financial's Alipay.
«More importantly, the gross merchandise volume per merchant [ratio] is collapsing as the entrepreneurs are struggling to actually «get rich.»»
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.
JD.ID's gross merchandise volume grew more than nine-fold last year, according to Li, who didn't provide a base figure.
Alibaba Group Holding, the Chinese eCommerce retailer, saw a gross merchandise volume of $ 25.3 billion for its 2017 Singles» Day Global Shopping Festival.
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.
In 2014, Alibaba generated $ 8.6 bn in gross merchandise volume during the 24 - hour sale on 11 November alone.
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.
With this, the company earned a Gross Merchandise Volume of Rs 15 - 20 crore which is another record in itself.
-- 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.
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.
The drop in revenue growth came as gross merchandise volume (GMV)-- the total value of goods transacted across Alibaba's platforms — rose 34 percent, also rising at its slowest pace in more than three years.
The drop in revenue growth came as gross merchandise volume (GMV)-- the total value of goods transacted...
With 800 million listings and $ 83 billion in Gross Merchandise Volume in 2014, eBay is one of the world's largest and most vibrant marketplaces.
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.
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.
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 payments.
(This year, Poshmark is projected to reach $ 500 million in gross merchandise volume, compared to eBay's $ 84 billion GMV in 2016.)
They already work with insiders at top investment banks like J.P. Morgan and Barclays and have a $ 100,000 gross merchandise volume (GMV) run rate, taking 45 % margins on the calls.
To date, Postmates is doing three million deliveries a month with a gross merchandise volume of $ 1.2 billion.