In 2019, WeChat reported 707 million yuan sales value from its commerce sector, while Pinduoduo, the social commerce dark horse, had an annual sales of 471 million yuan. WeChat Commerce, Pinduoduo, and Xiaohongshu were three major social commerce channels in China.
Value of sales on main social commerce platforms in China from 2014 to 2018
(in million yuan)
Characteristic
WeChat Commerce
Pinduoduo
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WPP. (November 8, 2019). Value of sales on main social commerce platforms in China from 2014 to 2018 (in million yuan) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1131515/china-major-social-commerce-platforms-sales-value/
WPP. "Value of sales on main social commerce platforms in China from 2014 to 2018 (in million yuan)." Chart. November 8, 2019. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1131515/china-major-social-commerce-platforms-sales-value/
WPP. (2019). Value of sales on main social commerce platforms in China from 2014 to 2018 (in million yuan). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1131515/china-major-social-commerce-platforms-sales-value/
WPP. "Value of Sales on Main Social Commerce Platforms in China from 2014 to 2018 (in Million Yuan)." Statista, Statista Inc., 8 Nov 2019, https://www.statista.com/statistics/1131515/china-major-social-commerce-platforms-sales-value/
WPP, Value of sales on main social commerce platforms in China from 2014 to 2018 (in million yuan) Statista, https://www.statista.com/statistics/1131515/china-major-social-commerce-platforms-sales-value/ (last visited August 25, 2024)
Value of sales on main social commerce platforms in China from 2014 to 2018 (in million yuan) [Graph], WPP, November 8, 2019. [Online]. Available: https://www.statista.com/statistics/1131515/china-major-social-commerce-platforms-sales-value/