CommerceHub Enables $7 Billion in 2013 Retail Gross Merchandise Value



PR Newswire CommerceHub, the leading cloud-based online merchandising and fulfillment platform for large online retailers and suppliers, announced today $7 billion in online retail Gross Merchandise Value (GMV) transacted through the company's platform in 2013. The $7 billion in GMV, reached as a result of processing orders from 40 of the largest retailers in North America, represents growth of over 30 percent from 2012 -- twice the 15 percent growth rate of general ecommerce, according to retail analytics firm eMarketer.

"Last year was a tremendous year for CommerceHub, and it further validates third-party fulfillment as the primary approach for online retailers to increase revenue through radically expanded product assortments," said Frank Poore, Founder and CEO of CommerceHub. "Our 2013 GMV represents billions in incremental revenue for our retail clients that would have not otherwise been possible without significant investment in inventory and fulfillment centers."

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