It may sometimes be the same as revenues depending on the type of business. Simply put, GMV is the total sales over a period of time. However, the pace of YoY growth slowed sharply to 22 percent in FY23 when the GMV increased to $60 billion. And then the GMV further increased by around 36 percent year-on-year (YoY) to $49 billion in FY22.
After growing at over 35 percent during the pandemic years, the rate of increase in e-commerce gross merchandise value (GMV) slowed in the previous financial year (FY), the analysts at Redseer said.Į-tailing GMV grew by about 44 percent from $25 billion in FY20 to $36 billion in FY21.
0 kommentar(er)
