GMV

Learn the definition and meaning of GMV along with an example

GMV
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Definition

GMV refers to the overall income earned by a brand's sales of products and services as a whole.

How is it useful?

GMV is usually a practice followed by early-stage retail marketplaces. It is helpful to determine the sale transactions happening in individual categories.

Example

In the year 2020, Amazon India GMV → $11.5B GMV usually applies to e-commerce companies.
After the 2020-year pandemic, Swiggy’s GMV surged by 73% in the year 2022, reaching $2.3B.
Formula: ARPU X total users = GMV or Sale price of products X number of units sold = GMV
Example: In the case of YouTube $2 X 200 million users approx.= $400 million