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Re: StockLogistics post# 48290

Thursday, 07/22/2021 2:05:49 AM

Thursday, July 22, 2021 2:05:49 AM

Post# of 63243
StockLogistics, to answer that GMV question...

As you can see, I'm a little slow in reading some EGOC posts, but I found that recent EGOC PR to be very interesting. With that part mentioning the acronym GMV, I believe that GMV means Gross Merchandise Value which is synonymous to Gross Revenues:
https://www.google.com/search?https://www.investopedia.com/terms/g/gross-merchandise-value.asp

https://en.wikipedia.org/wiki/Gross_merchandise_volume

The PR stated that... The total GMV of the platform's has exceeded 170 million.

I believe that the 170 Million that is being referred to is meaning to be 170,000,000 CNY (Chinese Yuan) which converts to be $26,292,996.78 USD:
https://www.currencyconverterx.com/CNY/USD/170000000
(Currency Converter)

v/r
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