The Chinese quick-commerce leader Meituan Instashopping (or "Meituan Shangou") recorded a gross transaction value (GTV) of around 20.3 billion yuan in 2023. It was estimated that the figure would reach 68.15 billion yuan by 2027.
Gross transaction value of the Chinese quick-commerce leader Meituan Instashopping in 2023, with estimates until 2027
(in billion yuan)
One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of October 2024).Â
Gross transaction value (GTV) is calculated by multiplying the annual transacting users by the average order value by the average orders per user per year.
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Eastmoney.com. (May 23, 2024). Gross transaction value of the Chinese quick-commerce leader Meituan Instashopping in 2023, with estimates until 2027 (in billion yuan) [Graph]. In Statista. Retrieved November 29, 2024, from https://www.statista.com/statistics/1497863/meituan-instashopping-gtv/
Eastmoney.com. "Gross transaction value of the Chinese quick-commerce leader Meituan Instashopping in 2023, with estimates until 2027 (in billion yuan)." Chart. May 23, 2024. Statista. Accessed November 29, 2024. https://www.statista.com/statistics/1497863/meituan-instashopping-gtv/
Eastmoney.com. (2024). Gross transaction value of the Chinese quick-commerce leader Meituan Instashopping in 2023, with estimates until 2027 (in billion yuan). Statista. Statista Inc.. Accessed: November 29, 2024. https://www.statista.com/statistics/1497863/meituan-instashopping-gtv/
Eastmoney.com. "Gross Transaction Value of The Chinese Quick-commerce Leader Meituan Instashopping in 2023, with Estimates until 2027 (in Billion Yuan)." Statista, Statista Inc., 23 May 2024, https://www.statista.com/statistics/1497863/meituan-instashopping-gtv/
Eastmoney.com, Gross transaction value of the Chinese quick-commerce leader Meituan Instashopping in 2023, with estimates until 2027 (in billion yuan) Statista, https://www.statista.com/statistics/1497863/meituan-instashopping-gtv/ (last visited November 29, 2024)
Gross transaction value of the Chinese quick-commerce leader Meituan Instashopping in 2023, with estimates until 2027 (in billion yuan) [Graph], Eastmoney.com, May 23, 2024. [Online]. Available: https://www.statista.com/statistics/1497863/meituan-instashopping-gtv/
