Market size of community group buying industry China 2018-2023

Published by
Xin Ou,
Jun 5, 2024

In 2023, the community group-buying market in China reached 322.8 billion yuan, soaring from only 8.5 billion yuan in 2018. Community group-buying is an online shopping model that allows residents within the same neighborhood or apartment bock to get discounts by shopping in bulk.

Scale of the community group buying market in China from 2018 to 2023 (in billion yuan)

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Release date

April 2024

Region

China

Survey time period

2018 to 2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of June 2024). 

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