China: GMV of social commerce 2025
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Reports indicate that china's social commerce market is experiencing growth, with its gross merchandise value (gmv) expected to reach a certain level by 2025. The country's e-commerce sector is seeing explosive growth, with some platforms potentially rivaling international competitors. The market's development is also being driven by players such as douyin, which is adjusting its strategy to support merchant growth.
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