“Unlock the Future of Shopping: 29 Jaw-Dropping Social Commerce Stats That Will Transform Your Business by 2025!”
It will grow at a CAGR of 31.77%.
TikTok Shop opened in new markets in 2023 and 2024 and is continuing to rise in influence, so these numbers are likely to change as research companies conduct more studies on the social commerce industry.
Source: Precedence Research
5. Social commerce makes up 46.6% of all ecommerce sales in China
Social commerce has a lot of influence in China, according to data reported by Statista.
46.6% of all ecommerce sales in the nation came from social commerce in 2023, up from just 13.2% in 2018.
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