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During the same year, Shopify grew by 73% and powered over 600,000 unique stores, generating a $26.3 billion yearly gross merchandise volume (GMV).
EBay's mobile sites and applications had $600 million of gross merchandise volume.
Suning's in-store sales will count towards Alibaba's total gross merchandise volume, as long as they go through final processing online, an Alibaba spokesman said.
Alibaba.com – an online retailer serving businesses and more recently consumers, too – is bigger than Amazon and Ebay combined, in terms of gross merchandise volume.
Alibaba likes to promote its staggering numbers—$547 billion in gross merchandise volume, 1.5 billion product listings but those figures cut both ways.
Gross merchandise volume (GMV) grew 21%.
Gross merchandise volume is growing even faster.
Gross merchandise volume (GMV) can be a useful KPI in these cases.
JD is China's second-largest e-commerce player by gross merchandise volume behind Alibaba.
Gross merchandise volume (GMV) is the total value of merchandise sold to customers through a marketplace.
To be clear, we're not talking revenues here but gross merchandise volume.
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