Vue d'un grand écran affichant Alibaba Chine Marché de la vente au détail en temps réel au cours de l'exercice 2016 DES GMV après le volume total de l'opération a dépassé les 3 000 milliards d'y
View of a big screen displaying Alibaba China retail marketplace real-time GMV in fiscal 2016 after the total transaction volume exceeded 3 trillion yuan (US$464 billion) during a press conference at the headquarters of Alibaba Group in Hangzhou city, east China's Zhejiang province, 21 March 2016. Alibaba Group Holding Ltd. said transaction volume on its sites hit 3 trillion yuan ($464 billion) with more than a week left in its fiscal year, a development that Executive Vice Chairman Joe Tsai called a "gas stop" in the company's rapid growth. That sum represents a tripling of the Chinese e-commerce giant's gross merchandise volume, or GMV, since 2012 and a doubling since 2013. A measure of the total value of third-party sellers' transactions on the company's platformsªand so distinct from Alibaba's revenueªGMV is tracked closely by investors and analysts because it shows how fast an e-commerce company is growing relative to competitors. Mr. Tsai, in a blog post on Alibaba's news site, said that if its platforms were a Chinese province, the company would rank as the sixth largest provincial economy.