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Zalando posts first quarter growth above last year's level

May 6 (Reuters) - European online fashion retailer Zalando ZALG.DE on Wednesday reported quarterly growth above last year's level.

The company said its gross merchandise volume (GMV), a key revenue metric measuring the value of all goods sold, rose 21.7% to 4.3 billion euros ($5.03 billion) in the first quarter, compared to 3.5 billion euros a year earlier.

($1 = 0.8525 euros)

 (Reporting by Ozan Ergenay in Gdansk, editing by Matt Scuffham)

 ((Ozan.Ergenay@thomsonreuters.com;))

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