China's social commerce market has proliferated in the past years. In 2021, the retail sales of social commerce in China are estimated to reach 351 billion U.S. dollars, representing a nearly 50 percent growth compared to the previous year. By 2024, the social commerce market is expected to surpass 500 billion U.S. dollars.
Retail sales value of social commerce and year-on-year sales growth in China from 2019 to 2024 (in billion U.S. dollars)
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eMarketer. (July 6, 2021). Retail sales value of social commerce and year-on-year sales growth in China from 2019 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved March 28, 2024, from https://www.statista.com/statistics/1274921/china-retail-sales-value-of-social-commerce-and-growth/
eMarketer. "Retail sales value of social commerce and year-on-year sales growth in China from 2019 to 2024 (in billion U.S. dollars)." Chart. July 6, 2021. Statista. Accessed March 28, 2024. https://www.statista.com/statistics/1274921/china-retail-sales-value-of-social-commerce-and-growth/
eMarketer. (2021). Retail sales value of social commerce and year-on-year sales growth in China from 2019 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: March 28, 2024. https://www.statista.com/statistics/1274921/china-retail-sales-value-of-social-commerce-and-growth/
eMarketer. "Retail Sales Value of Social Commerce and Year-on-year Sales Growth in China from 2019 to 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Jul 2021, https://www.statista.com/statistics/1274921/china-retail-sales-value-of-social-commerce-and-growth/
eMarketer, Retail sales value of social commerce and year-on-year sales growth in China from 2019 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1274921/china-retail-sales-value-of-social-commerce-and-growth/ (last visited March 28, 2024)
Retail sales value of social commerce and year-on-year sales growth in China from 2019 to 2024 (in billion U.S. dollars) [Graph], eMarketer, July 6, 2021. [Online]. Available: https://www.statista.com/statistics/1274921/china-retail-sales-value-of-social-commerce-and-growth/