In 2021, Chinese community group buying service provider Meituan Select generated a GMV of 120 billion yuan. Duoduo Grocery, the q-commerce service under China's e-commerce giant Pinduoduo, ranked second with an annual GMV of 80 billion yuan.
Value of gross merchandise value (GMV) of community group buying service in China in 2021, by platform
(in billion yuan)
Characteristic
GMV in billion yuan
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199IT. (April 27, 2022). Value of gross merchandise value (GMV) of community group buying service in China in 2021, by platform (in billion yuan) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1305766/china-annual-gmv-of-community-group-buying-companies/
199IT. "Value of gross merchandise value (GMV) of community group buying service in China in 2021, by platform (in billion yuan)." Chart. April 27, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1305766/china-annual-gmv-of-community-group-buying-companies/
199IT. (2022). Value of gross merchandise value (GMV) of community group buying service in China in 2021, by platform (in billion yuan). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1305766/china-annual-gmv-of-community-group-buying-companies/
199IT. "Value of Gross Merchandise Value (Gmv) of Community Group Buying Service in China in 2021, by Platform (in Billion Yuan)." Statista, Statista Inc., 27 Apr 2022, https://www.statista.com/statistics/1305766/china-annual-gmv-of-community-group-buying-companies/
199IT, Value of gross merchandise value (GMV) of community group buying service in China in 2021, by platform (in billion yuan) Statista, https://www.statista.com/statistics/1305766/china-annual-gmv-of-community-group-buying-companies/ (last visited July 22, 2024)
Value of gross merchandise value (GMV) of community group buying service in China in 2021, by platform (in billion yuan) [Graph], 199IT, April 27, 2022. [Online]. Available: https://www.statista.com/statistics/1305766/china-annual-gmv-of-community-group-buying-companies/
