In 2018, the gross merchandise volume (GMV) of social commerce in China increased by almost 256 percent compared to the previous year. The share of social commerce in the general online retail market in China grew from 0.1 percent to almost eight percent in only three years since 2015.
Annual growth rate of gross merchandise volume (GMV) of group buying e-commerce in China from 2016 to 2021
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iResearch. (August 1, 2019). Annual growth rate of gross merchandise volume (GMV) of group buying e-commerce in China from 2016 to 2021 [Graph]. In Statista. Retrieved March 08, 2021, from https://www.statista.com/statistics/1034425/china-social-ecommerce-gross-merchandise-volume-growth/
iResearch. "Annual growth rate of gross merchandise volume (GMV) of group buying e-commerce in China from 2016 to 2021." Chart. August 1, 2019. Statista. Accessed March 08, 2021. https://www.statista.com/statistics/1034425/china-social-ecommerce-gross-merchandise-volume-growth/
iResearch. (2019). Annual growth rate of gross merchandise volume (GMV) of group buying e-commerce in China from 2016 to 2021. Statista. Statista Inc.. Accessed: March 08, 2021. https://www.statista.com/statistics/1034425/china-social-ecommerce-gross-merchandise-volume-growth/
iResearch. "Annual Growth Rate of Gross Merchandise Volume (Gmv) of Group Buying E-commerce in China from 2016 to 2021." Statista, Statista Inc., 1 Aug 2019, https://www.statista.com/statistics/1034425/china-social-ecommerce-gross-merchandise-volume-growth/
iResearch, Annual growth rate of gross merchandise volume (GMV) of group buying e-commerce in China from 2016 to 2021 Statista, https://www.statista.com/statistics/1034425/china-social-ecommerce-gross-merchandise-volume-growth/ (last visited March 08, 2021)