In 2023, the community group-buying market in China reached 322.8 billion yuan, soaring from only 8.5 billion yuan in 2018. Community group-buying is an online shopping model that allows residents within the same neighborhood or apartment bock to get discounts by shopping in bulk.
Scale of the community group buying market in China from 2018 to 2023
(in billion yuan)
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100ec.cn. (April 23, 2024). Scale of the community group buying market in China from 2018 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1142901/china-size-of-community-group-buying-market/
100ec.cn. "Scale of the community group buying market in China from 2018 to 2023 (in billion yuan)." Chart. April 23, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1142901/china-size-of-community-group-buying-market/
100ec.cn. (2024). Scale of the community group buying market in China from 2018 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1142901/china-size-of-community-group-buying-market/
100ec.cn. "Scale of The Community Group Buying Market in China from 2018 to 2023 (in Billion Yuan)." Statista, Statista Inc., 23 Apr 2024, https://www.statista.com/statistics/1142901/china-size-of-community-group-buying-market/
100ec.cn, Scale of the community group buying market in China from 2018 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1142901/china-size-of-community-group-buying-market/ (last visited November 21, 2024)
Scale of the community group buying market in China from 2018 to 2023 (in billion yuan) [Graph], 100ec.cn, April 23, 2024. [Online]. Available: https://www.statista.com/statistics/1142901/china-size-of-community-group-buying-market/