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Stock impact report

Global Social Commerce Market Intelligence Databook Highlights Rapid Growth and Future Projections - Forecast to 2029

PDD Holdings Inc. - American Depositary Shares (PDD) 
Company Research Source: PR Newswire
DUBLIN, March 26, 2024 /PRNewswire/ -- The "Global Social Commerce Market Intelligence Databook Subscription - Q1 2024" report has been added to  ResearchAndMarkets.com's offering.The social commerce industry is currently witnessing a significant surge, with an anticipated annual growth rate of 14.8%, reaching a market value of US$737.2 billion in 2023. This burgeoning sector is poised to continue its upward trajectory, with a robust compound annual growth rate (CAGR) of 12.7% expected from 2024 to 2029. As per the latest analysis, the global social commerce Gross Merchandise Value (GMV) will magnify from US$642.09 billion in 2023 to an estimated US$1,339.75 billion by 2029.This comprehensive market intelligence report sheds light on the dynamic nature of the social commerce industry, offering an in-depth, data-centric examination of the marketplace. With over 50 key performance indicators (KPIs) at the country level, it delivers unparalleled insights into market size forecasts, growt Show less Read more
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