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I think stripe is the perfect example of GMV. A clear distinction between the transaction volume they handle and the revenue they take from that volume. There
by matthewrudy 11y ago
I think stripe is the perfect example of GMV.
A clear distinction between the transaction volume they handle and the revenue they take from that volume.
There are more confusing examples though.
If Uber accepted cash payments, and the driver post paid just the commission, would the whole trip cost be GMV or just the commission?
eg
Regular Uber:
Ride Cost: $20.00 GMV (goes through ubers payment system)
Commission: $4.00 revenue
Credit card fees: $0.60 expense
Cash Uber
Ride Cost: $20.00 (Uber never handles this)
Commission: $4.00 revenue
Credit card fees: n/a
Edit: formatting
- rahimnathwani 11y agoFor a marketplace, GMV is GMV regardless of how the funds flow. eBay and PayPal are separate. eBay still has GMV, and this number is useful to investors.