Alibaba's Gross Merchandise Value
- a key measure of growth of e-commerce businesses - is expected to rise 22 percent in the quarter.
Combined, both Taobao Mall and Taobao Marketplace are aiming to sell 1 trillion yuan in gross merchandise value
Jay Lee, who runs Ebay's Asian operations, informed the FT that cross-border gross merchandise value
jumped to USD4.
Jet reached USD 1bn in run-rate gross merchandise value
and offered 12m SKUs in its first year.
Demonstrated ability to scale with speed, reaching $1 billion in run-rate Gross Merchandise Value
(GMV) and offering 12 million SKUs in its first year.
Selling everything from mobiles to kitchen to home appliances, it hit $100 million of gross merchandise value
(GMV) in December 2015, a holiday month.
Third-party sellers accounted for approximately 40% of Amazon's unit sales in the third quarter of 2013, generating more than $17 billion of Amazon's $32+ billion gross merchandise value
for that period.
Lazada, one of the largest online shopping malls in the Philippines, has reached US$1 billion annual gross merchandise value
(GMV) during its third year of operation in the country, having to attract approximately 18 million visitors or potential clients in the span of three years.
Amazon and eBay saw over 60% of their total traffic from mobile devices during the last holiday shopping season, while China-based E-Commerce giant Alibaba increased the mobile gross merchandise value
on its marketplaces by more than three times.
We are targeting $1 billion gross merchandise value
by 2016 and become the largest fashion destination in the country, Bansal adds.