Between October 31 and November 11, 2023. China's traditional commerce platforms generated a GMV of around 923.5 billion yuan from the Singles' Day sales. In comparison, community group-buying platforms made a total of 12.4 billion yuan during the observed period.
Gross merchandise value (GMV) of leading e-commerce types on Singles' Day in China in 2023
(in billion yuan)
One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of February 2024).
The data-monitoring period was from 20:00 on October 23 to 23:59 on November 11, 2023 for JD, and from 20:00 on October 31 to 23:59 on November 11, 2023 for other distribution channels.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Syntun. (November 12, 2023). Gross merchandise value (GMV) of leading e-commerce types on Singles' Day in China in 2023 (in billion yuan) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1277255/china-gmv-of-singles-day-sales-by-e-commerce-type/
Syntun. "Gross merchandise value (GMV) of leading e-commerce types on Singles' Day in China in 2023 (in billion yuan)." Chart. November 12, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1277255/china-gmv-of-singles-day-sales-by-e-commerce-type/
Syntun. (2023). Gross merchandise value (GMV) of leading e-commerce types on Singles' Day in China in 2023 (in billion yuan). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1277255/china-gmv-of-singles-day-sales-by-e-commerce-type/
Syntun. "Gross Merchandise Value (Gmv) of Leading E-commerce Types on Singles' Day in China in 2023 (in Billion Yuan)." Statista, Statista Inc., 12 Nov 2023, https://www.statista.com/statistics/1277255/china-gmv-of-singles-day-sales-by-e-commerce-type/
Syntun, Gross merchandise value (GMV) of leading e-commerce types on Singles' Day in China in 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1277255/china-gmv-of-singles-day-sales-by-e-commerce-type/ (last visited December 21, 2024)
Gross merchandise value (GMV) of leading e-commerce types on Singles' Day in China in 2023 (in billion yuan) [Graph], Syntun, November 12, 2023. [Online]. Available: https://www.statista.com/statistics/1277255/china-gmv-of-singles-day-sales-by-e-commerce-type/
