In April 2020, the Indian e-commerce market suffered the largest GMV drop in the entire year. However, the merchandise value began to gain business in the following months. Overall, the sharpest transition in the GMV was seen between April and May.
Gross Merchandise Value (GMV) trend across e-commerce industry in India from February to September 2020
Characteristic
Monthly change in GMV
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Razorpay. (November 2, 2020). Gross Merchandise Value (GMV) trend across e-commerce industry in India from February to September 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1218980/india-gmv-trend-across-e-commerce-industry/
Razorpay. "Gross Merchandise Value (GMV) trend across e-commerce industry in India from February to September 2020." Chart. November 2, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1218980/india-gmv-trend-across-e-commerce-industry/
Razorpay. (2020). Gross Merchandise Value (GMV) trend across e-commerce industry in India from February to September 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1218980/india-gmv-trend-across-e-commerce-industry/
Razorpay. "Gross Merchandise Value (Gmv) Trend across E-commerce Industry in India from February to September 2020." Statista, Statista Inc., 2 Nov 2020, https://www.statista.com/statistics/1218980/india-gmv-trend-across-e-commerce-industry/
Razorpay, Gross Merchandise Value (GMV) trend across e-commerce industry in India from February to September 2020 Statista, https://www.statista.com/statistics/1218980/india-gmv-trend-across-e-commerce-industry/ (last visited July 22, 2024)
Gross Merchandise Value (GMV) trend across e-commerce industry in India from February to September 2020 [Graph], Razorpay, November 2, 2020. [Online]. Available: https://www.statista.com/statistics/1218980/india-gmv-trend-across-e-commerce-industry/