The emergence of China’s e-commerce market’s added value has accounted for more than one-third of China’s 34.81 trillion RMB GDP, with the penetration rate of online shopping at 79.7% in 2020.
From all kinds of e-commerce platforms, Taobao/Tmall, Jingdong(JD), Pinduoduo are the top three multi-billion dollar platforms with the broadest product categories with an advanced and convenient shopping experience.