7:56AM GMarket reports 35% increase in Q3 gross merchandise value to $848 Million (GMKT) 26.04 : Co announced that its gross merchandise value totaled 775.6 billion Won (approx. US$848.2 million) for the third quarter of 2007, representing a 35% increase over the third quarter of 2006. GMV is defined as the total value of all items sold on an e-commerce marketplace.