China’s livestreaming e-commerce sector to reach 1.05 trillion RMB in 2020

The total scale of China’s live-streaming e-commerce industry is expected to reach 1.05 trillion RMB (around $157.5 billion) in 2020. This represents a 210% increase from 2019 when the industry was valued at 433.8 billion RMB. Data from China’s Ministry of Commerce reveals that over 10 million livestreams related to e-commerce took place in the … Continue reading China’s livestreaming e-commerce sector to reach 1.05 trillion RMB in 2020