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vishakha Jangir
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Set2Score • 1m

Topmate closed the month with a GMV of approximately ₹3 crore and 43,000 paid bookings. but what's GMV ? GMV" typically stands for Gross Merchandise Value (or Gross Merchandise Volume), and it's a metric commonly used in e-commerce and retail. It refers to the total value of goods sold through a marketplace over a certain period of time. Example: If an online platform sells: 100 shoes at $50 each 200 shirts at $20 each Then the GMV = (100 × $50) + (200 × $20) = $5,000 + $4,000 = $9,000 Important Notes: GMV does not include deductions like discounts, returns, or cancellations. It’s a top-line metric, meaning it shows the total sales before subtracting costs or fees. High GMV doesn't always mean high profits—it just means high sales volume. Follow vishakha Jangir for more such business insights.

1 replies13 likes

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Havish Gupta

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It's basically like saying, 'we sold 100₹ crore worth of goods last year, and made ₹70 Crore of actual revenue.'?

0 replies

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