Dec 01, 2021
Monthly Digest: China Cosmetics Industry Review | November 2021

Market updates

1.      During the 2021 Double 11 shopping festival, Tmall’s GMV was 540.3 billion yuan while JD’s GMV reached 349.1 billion yuan. It is worth noting that the rise of other e-commerce platforms such as Douyin and Kuaishou has broken the dominance of these traditional e-commerce platforms. More details on ChemLinked.

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Ye Chen
ChemLinked Research Analyst
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