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by saurabhtandon 3950 days ago
Here is the wiki definition - https://en.wikipedia.org/wiki/Gross_merchandise_volume

eBay and many other marketplaces use it. My guess is that since these marketplace platforms are not actual retailers their GMV is pretty high as compared to revenue. To showcase the dollar value of total sales that happened on the platform they use GMV. But again I am not an expert in this field.
1 comments
Havoc 3950 days ago
>Here is the wiki definition - https://en.wikipedia.org/wiki/Gross_merchandise_volume

Yeah I googled it too - a while ago - wikipedia isn't exactly a winning moving here.

>eBay and many other marketplaces use it.

That is deeply disingenuous. You originally said its "term of the trade in the retailing". I called bullsht - because I know its not used in retailing. In response you shift your argument (!!!) and reckon its used by ebay (FYI NOT A RETAIL OPERATION) - and copied the ebay stuff straight off wikipedia.

>I am not an expert in this field

Indeed.

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hussong 3950 days ago
I think you were accidentaly conflating the two users sumanthvepa and saurabhtandon (happened to me too, btw).

Personal attacks aside, you point still stands and I want to thank you for bringing some actual financial expertise into the discussion :-)

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