One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of October 2024).Â
Gross transaction value (GTV) is calculated by multiplying the annual transacting users by the average order value by the average orders per user per year.
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Gross transaction value of Meituan Shangou 2023-2027
The Chinese quick-commerce leader Meituan Instashopping (or "Meituan Shangou") recorded a gross transaction value (GTV) of around **** billion yuan in 2023. It was estimated that the figure would reach billion yuan by 2027.
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Eastmoney.com. (May 23, 2024). Gross transaction value of the Chinese quick-commerce leader Meituan Instashopping in 2023, with estimates until 2027 (in billion yuan) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 21, 2026, from /statistics/1497863/meituan-instashopping-gtv/
Eastmoney.com. "Gross transaction value of the Chinese quick-commerce leader Meituan Instashopping in 2023, with estimates until 2027 (in billion yuan)." Chart. May 23, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 21, 2026. /statistics/1497863/meituan-instashopping-gtv/
Eastmoney.com. (2024). Gross transaction value of the Chinese quick-commerce leader Meituan Instashopping in 2023, with estimates until 2027 (in billion yuan). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 21, 2026. /statistics/1497863/meituan-instashopping-gtv/
Eastmoney.com. "Gross Transaction Value of The Chinese Quick-commerce Leader Meituan Instashopping in 2023, with Estimates until 2027 (in Billion Yuan)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 23 May 2024, /statistics/1497863/meituan-instashopping-gtv/
Eastmoney.com, Gross transaction value of the Chinese quick-commerce leader Meituan Instashopping in 2023, with estimates until 2027 (in billion yuan) ÌÇÐÄÆƽâ°æ, /statistics/1497863/meituan-instashopping-gtv/ (last visited July 21, 2026)
Gross transaction value of the Chinese quick-commerce leader Meituan Instashopping in 2023, with estimates until 2027 (in billion yuan) [Graph], Eastmoney.com, May 23, 2024. [Online]. Available: /statistics/1497863/meituan-instashopping-gtv/
