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Tag: GMV

Walmart partners with the leading transformation of ecommerce in India
Apparel and Textile News Retail News

Walmart partners with the leading transformation of e-commerce in India

Walmart Inc. has become the largest shareholder by signing agreements with India’s e-commerce company Flipkart. “India is one of the most attractive retail markets in the world, given its size and growth rate, and our investment is an opportunity to partner with the company that is leading transformation of e-commerce in the market,” Doug McMillon, […]

$1 Billion Annualised GMV By Myntra
Apparel and Textile News Trade Info News

$1 Billion Annualised GMV By Myntra

Fashion and lifestyle products e-commerce platform Myntra has said that it plans to cross one billion US Dollar annualised gross merchandise value (GMV) by 2016 in a profitable manner. “We are roughly at about 500 million US Dollar in GMV as of today. We are growing between 60 and 70 per cent month-on-month. We will […]

E-Com GMV To Touch $200 Bn In India By '25
Apparel and Textile News Global News

E-Com GMV To Touch $200 Bn In India By ’25

India’s e-commerce market is expected to grow exponentially and cross 200 billion US dollar in gross merchandise value ( GMV ) in the next decade, according to a Bank of America Merrill Lynch report. The report said the e-commerce sector’s GMV forecast is likely to increase on improving telecom infrastructure, faster adoption of online services […]