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"The biggest value it gives us is that the festival always can create the record of one-day gross merchandise value on Tmall.com".
Gross merchandise value is growing.
On the other hand, gross merchandise value is growing.
Gross merchandise value (GMV) is the total value of goods sold.
The group reported a gross merchandise value of 1,678 billion yuan in fiscal year 2014.
Therefore, I'm grossing the number up to what we call "Gross merchandise value".
You need to deliver more merchandise value for a 30% cut.
Flipkart is aiming to achieve $1 billion in gross merchandise value by next year.
And since 2011, the platform has processed over $1.3 billion in gross merchandise value.
Metrics: It says it has 150 paying funeral homes and is seeing $50,000 in monthly gross merchandise value.
The festival produced $18 billion in gross merchandise value in 24 hours (up from $14 billion in 2015).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com