Question of the WeekHow 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: Analyst Corner: Can Technology Adoption Decelerate the Store Closure Trend? Three Recommendations from Manik BhatiaInnovator Profile: ReFiBuy—Solving Research-Find-Buy E-commerce Challenges with Agentic AIHigh-Income Consumers’ Economic Optimism at Five-Month Low; Holiday Shopping Accelerates: US Consumer Survey InsightsWeekly US Store Openings and Closures Tracker 2025, Week 48: American Signature, Bed Bath & Beyond and Saks To Close Stores
