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Transaction value of medical e-commerce in China from 2016 to 2021 (in billion yuan)

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Source

Release date

May 2021

Region

China

Survey time period

2016 to 2020

Supplementary notes

*Estimate.

One yuan equals approximately 0.15 U.S. dollars and 0.13 euros (as of July 2021).

Citation formats

Transaction value of medical e-commerce in China 2016-2021

Published by A. Minhas, Jul 20, 2021
Since China Food and Drug Administration (CFDA) changed its regulations on online drug sales in 2014, many pharmaceutical companies have embraced the idea of selling medicines via e-commerce platforms. In 2020, China's medical e-commerce has been thriving, with a total transaction value of *** billion yuan. Ali Health, JD Health, Jianke.com, and 111, Inc. are the major digital and mobile healthcare platforms in the country.
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