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TikTok e-commerce GMV hit $1 billion in first half of 2022: report

TechNode LogoTechNode3 mo ago

TikTok e-commerce GMV hit $1 billion in first half of 2022: report

Quick Summary

TikTok’s e-commerce gross merchandise value (GMV) hit $1 billion in the first half of 2022, almost equal to last year’s total, Chinese media outlet LatePost reported on Wednesday.

TikTok’s monthly average GMVs for e-commerce in Indonesia and the UK exceeded $200 million and $24 million, respectively, in this period.

For example, Singapore’s Shopee had a $60 billion GMV in 2021.


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News Analysis

Category: Technology Business Startups

Topics: Billion Growth 2022 Million E-commerce 2021 Tiktok’s Period Latepost Indonesia Tiktok

Source Website Secure: Yes (HTTPS)

Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

News Source URL: technode.com

Readership Location: China

Published Date: 2022-08-11, 05:50:07

News Timezone: GMT +8:00

Language: English

Original Article Length: 141 words

Reading Duration: 1 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 1539151

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TechNode Logo

Name: TechNode

Main Topics: TechnologyBusinessStartups

Official Website: technode.com

Update Frequency: 4 posts per day

Last Update: 3w ago

Headquarters: China

Coverage Areas: China

Publication Owner: Independent Company

Publication Timezone: GMT +8:00

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