Question of the Week 1 minuteFree ReportHow Big Is the Social Commerce Market in China? Coresight Research June 1, 2020 QUESTION OF THE WEEK: How Big Is the Social Commerce Market in China? China’s social commerce market is estimated to grow to $341.6 billion in 2022, representing a CAGR of 32% from 2019, according to financial firm Tianfeng. This growth can be attributed to the wide range of platforms in China’s social commerce landscape, as well as the large number of Internet users in China—around 904 million as of March 2020, which is close to 64.6% of the nation’s population. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2024, Week 8: Close to Half of Body Shop UK Stores To CloseJanuary 2024 Leading Indicators of US Retail Sales: Higher Inflation Hints at Weakened Retail Sales To Start the YearSeptember 2023 Leading Indicators of US Retail Sales: Strong Wage Growth and Labor Market Signal Positivity for Holiday SeasonMarket Outlook: US CPG—Growth Led by Price Hikes Amid Macroeconomic Volatility