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)
Characteristic
Market size 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 July 22, 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 July 22, 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: July 22, 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 July 22, 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/