Over the past few years, China's social commerce market has experienced rapid growth. Retail sales on Douyin, one of China's largest social commerce platforms, grew by 76 percent in 2022. Comparatively, the traditional e-commerce giant Alibaba only experienced 3.5 percent sales growth.
Year-on-year growth of retail sales value of leading e-commerce companies in China from 2020 to 2022 with estimates until 2024
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Insider Intelligence. (October 13, 2023). Year-on-year growth of retail sales value of leading e-commerce companies in China from 2020 to 2022 with estimates until 2024 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1421608/china-retail-sales-value-of-growth-of-leading-e-commerce-companies/
Insider Intelligence. "Year-on-year growth of retail sales value of leading e-commerce companies in China from 2020 to 2022 with estimates until 2024." Chart. October 13, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1421608/china-retail-sales-value-of-growth-of-leading-e-commerce-companies/
Insider Intelligence. (2023). Year-on-year growth of retail sales value of leading e-commerce companies in China from 2020 to 2022 with estimates until 2024. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1421608/china-retail-sales-value-of-growth-of-leading-e-commerce-companies/
Insider Intelligence. "Year-on-year Growth of Retail Sales Value of Leading E-commerce Companies in China from 2020 to 2022 with Estimates until 2024." Statista, Statista Inc., 13 Oct 2023, https://www.statista.com/statistics/1421608/china-retail-sales-value-of-growth-of-leading-e-commerce-companies/
Insider Intelligence, Year-on-year growth of retail sales value of leading e-commerce companies in China from 2020 to 2022 with estimates until 2024 Statista, https://www.statista.com/statistics/1421608/china-retail-sales-value-of-growth-of-leading-e-commerce-companies/ (last visited December 21, 2024)
Year-on-year growth of retail sales value of leading e-commerce companies in China from 2020 to 2022 with estimates until 2024 [Graph], Insider Intelligence, October 13, 2023. [Online]. Available: https://www.statista.com/statistics/1421608/china-retail-sales-value-of-growth-of-leading-e-commerce-companies/
