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The market share of social commerce in China is expected to grow rapidly as it gains a share from traditional e-commerce platforms. By the third quarter of 2024, Douyin accounted for ** percent of the e-commerce GMV in China, up from only **percent in the fourth quarter of 2022.
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* For commercial use only
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The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.