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Value of daily gross merchandise value (GMV) of community group buying service in China as of 4th quarter 2020, by platform (in million yuan)

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Sources

Release date

September 2021

Region

China

Survey time period

as of Q4 2020

Supplementary notes

One yuan equals approximately 0.16 U.S. dollars and 0.13 euros (as of November 2021).

Citation formats

Daily transaction value of community group buying services in China 2020, by provider

Published by
Yihan Ma,
Nov 2, 2021
As of the last quarter of 2020, Chinese community group buying service provider Meituan Select generated a GMV of *** million yuan every day. In comparison, its leading competitor, Shihuituan, recorded a gross sales value of *** million yuan.
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