In the first three quarters of 2023, the third-party mobile transaction volume in China amounted to around 232 trillion yuan. Despite the outbreak of COVID-19 the GMV increased. After a small dip in transaction value in the first quarter of 2020, the numbers quickly recovered.
Third party mobile payment transaction volume in China from 2011 to 3rd quarter of 2023
(in trillion yuan)
Characteristic
Transaction volume in trillion yuan
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One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of March 2024).
Figures have been rounded. According to the source, the data have been calculated based on interviews with industry experts and iResearch database experts.
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Analysys. (December 20, 2023). Third party mobile payment transaction volume in China from 2011 to 3rd quarter of 2023 (in trillion yuan) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/278528/mobile-payment-transaction-volume-in-china/
Analysys. "Third party mobile payment transaction volume in China from 2011 to 3rd quarter of 2023 (in trillion yuan)." Chart. December 20, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/278528/mobile-payment-transaction-volume-in-china/
Analysys. (2023). Third party mobile payment transaction volume in China from 2011 to 3rd quarter of 2023 (in trillion yuan). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/278528/mobile-payment-transaction-volume-in-china/
Analysys. "Third Party Mobile Payment Transaction Volume in China from 2011 to 3rd Quarter of 2023 (in Trillion Yuan)." Statista, Statista Inc., 20 Dec 2023, https://www.statista.com/statistics/278528/mobile-payment-transaction-volume-in-china/
Analysys, Third party mobile payment transaction volume in China from 2011 to 3rd quarter of 2023 (in trillion yuan) Statista, https://www.statista.com/statistics/278528/mobile-payment-transaction-volume-in-china/ (last visited July 22, 2024)
Third party mobile payment transaction volume in China from 2011 to 3rd quarter of 2023 (in trillion yuan) [Graph], Analysys, December 20, 2023. [Online]. Available: https://www.statista.com/statistics/278528/mobile-payment-transaction-volume-in-china/