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Total Orders
Counts the number of transactions, reflecting customer demand and the company's ability to attract and retain buyers.Orders have risen from the mid‑50M range in 2020 to the low‑80M/late‑80M area, with clear acceleration since 2023 but a seasonal pullback after the holiday peak. Management confirms orders growth of ~10% YoY while GTV grew ~13%, signaling growth is increasingly coming from higher AOV, advertising and enterprise rollout rather than more frequent transactions. That mix boosts top‑line and monetization but raises dependency on AOV, ad economics and publisher payments—key risks to watch for sustainable, margin‑accretive growth.
Date | Orders |
|---|---|
Jun 30, 2026 | 90.30M |
Mar 31, 2026 | 83.20M |
Dec 31, 2025 | 89.50M |
Sep 30, 2025 | 83.40M |
Jun 30, 2025 | 82.70M |
Mar 31, 2025 | 83.20M |
Dec 31, 2024 | 77.50M |
Sep 30, 2024 | 72.90M |
Jun 30, 2024 | 70.80M |
Mar 31, 2024 | 72.80M |