Hans Tung, managing partner in GGV Capital, a fund manager that invested in Alibaba between 2003 and 2011, said knowing the company’s net transaction volume would be “nice to have,” because returns are a measure of the company’s health compared to other business-to-consumer shopping sites.

纪源资本的合伙人之一，基金管理人Hans Tung曾在2003至2011年间投资阿里巴巴。他认为，和其它B2C网站相比，退货量是衡量公司是否健康的一个指标，因此并不一定要了解阿里巴巴的净交易额。

Yet that might be harder for Alibaba to calculate, according to Tung, who’s also invested individually in Alibaba, because much of the merchandise on the platforms is shipped and sold by third-party sellers. That’s different from e-commerce companies like Amazon.com, which itself ships and sells much of the merchandise available on its site.

做为一名阿里巴巴的个人投资者，Hans Tung还指出，和亚马逊等主要依靠自主销售和发货的电商不同，阿里巴巴平台上的大量商品由第三方卖家销售和发货，阿里巴巴很难统计退货量。

GGV also co-invests with Alibaba on new venture opportunities in China and the U.S.

纪源资本和阿里巴巴共同在中美两国进行风险投资。

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