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Number of Transactions

The total count of completed transactions in a period.

What it is

Number of Transactions counts completed orders and tracks raw marketplace activity independent of order size. Read together with GMV, it tells you whether growth is coming from more orders or bigger ones, two very different stories for your business. Steady transaction growth is a strong sign that liquidity is improving and buyers are finding matches.

Formula

Number of Transactions = Count of All Completed Transactions during the period