“Unlock the Future of Shopping: 29 Jaw-Dropping Social Commerce Stats That Will Transform Your Business by 2025!”
They accounted for 42.7% of the revenue this industry generated in 2023.
Source: Precedence Research
12. Apparel accounted for 23.6% of the revenue share for social commerce in 2023
Precedence Research found that the apparel segment of ecommerce had the largest market share in social commerce in 2023.
This segment accounted for 23.6% of the revenue this industry generated in 2023.
Source: Precedence Research
Statistics for social commerce platforms
13. Douyin’s revenue from social commerce reached $200 billion in 2024
TikTok is banned in China, but its parent company, ByteDance, has a clone made specifically for the nation.
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