Tag Archives: GMV Run Rate in January 2016

Myntra Clocks $800 Million GMV Run Rate in January 2016

Leading m-commerce fashion platform Myntra announced Thursday that it has clocked $800 million (roughly Rs. 5,455 crores) in annualised GMV (gross merchandise volume) in January 2016, a year-on-year growth of 70 percent. Sales volumes were driven by Myntra’s own fashion brands, particularly Roadster. A GMV run rate projects performance based on a monthly or quarterly rate. For example, Myntra would ... Read More »