Based on 2023 estimates, Shopee was the largest e-commerce platform in the Philippines, holding 54 percent of the total gross merchandise value (GMV) of e-commerce in the country. Newcomer TikTok Shop, meanwhile, already captured an estimated 16 percent of the market.
Leading e-commerce platforms in the Philippines in 2023, by share of gross merchandise value
(GMV)
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Leading e-commerce platforms in the Philippines in 2023, by share of gross merchandise value
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According to the source, gross merchandise value (GMV) includes all orders where payment has been made, while also including cancelled, returned, or refunded orders.
Estimates were calculated based on on-the-ground sources such as platforms, merchants/brands, logistics players, enablers, and stakeholders.
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Momentum Works Pte. (August 6, 2024). Leading e-commerce platforms in the Philippines in 2023, by share of gross merchandise value (GMV) [Graph]. In Statista. Retrieved April 18, 2025, from https://www.statista.com/statistics/1484891/gmv-share-of-major-e-commerce-platforms-philippines/
Momentum Works Pte. "Leading e-commerce platforms in the Philippines in 2023, by share of gross merchandise value (GMV) ." Chart. August 6, 2024. Statista. Accessed April 18, 2025. https://www.statista.com/statistics/1484891/gmv-share-of-major-e-commerce-platforms-philippines/
Momentum Works Pte. (2024). Leading e-commerce platforms in the Philippines in 2023, by share of gross merchandise value (GMV) . Statista. Statista Inc.. Accessed: April 18, 2025. https://www.statista.com/statistics/1484891/gmv-share-of-major-e-commerce-platforms-philippines/
Momentum Works Pte. "Leading E-commerce Platforms in The Philippines in 2023, by Share of Gross Merchandise Value (Gmv) ." Statista, Statista Inc., 6 Aug 2024, https://www.statista.com/statistics/1484891/gmv-share-of-major-e-commerce-platforms-philippines/
Momentum Works Pte, Leading e-commerce platforms in the Philippines in 2023, by share of gross merchandise value (GMV) Statista, https://www.statista.com/statistics/1484891/gmv-share-of-major-e-commerce-platforms-philippines/ (last visited April 18, 2025)
Leading e-commerce platforms in the Philippines in 2023, by share of gross merchandise value (GMV) [Graph], Momentum Works Pte, August 6, 2024. [Online]. Available: https://www.statista.com/statistics/1484891/gmv-share-of-major-e-commerce-platforms-philippines/
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