![Xin Ou](https://cdn.statcdn.com/static/../CMS/contactperson/ERI3877_1713870237.png)
GMV of major e-commerce platforms during 618 shopping festival China 2017-2024
In 2024, China's major e-commerce platforms reported a GMV of 742.8 billion yuan during the 618 shopping festival that year, decreasing from around 798.7 billion yuan in the previous year. The 618 shopping festival is the second-largest online sales event next to Single's Day sales in China.