7 months ago

Social Commerce Thrives in China, Struggles in India

Social Commerce Thrives in China, Struggles in India
Why social commerce thrives in China but struggles to scale in India · livemint.com

Social commerce is a way of shopping through social media, like watching live videos and buying things or getting deals with friends.

In China, it's very popular and makes a lot of money.

Almost half of the internet users there watch live shopping videos, and big companies like Pinduoduo are worth a lot.

But in India, it's not as successful.

Only a small part of online shopping is through social commerce.

There are many reasons for this, like people not trusting new platforms as much, different payment habits, and problems with internet and logistics.

Companies like Meesho have tried but are not as profitable as their Chinese counterparts.

It might take a long time for India to catch up to China in this area.

Key facts

Global Social Commerce Market Size
Over $1.6 trillion in 2025, projected to grow at over 30% CAGR till 2030
China's Social Commerce Revenue
Nearly $900 billion, representing 30% of all e-commerce revenue in China
Internet Users in China Watching Livestreaming
Over 500 million people
Meesho's Gross Merchandise Value (GMV)
Over $6 billion in FY25
Meesho's Net Loss
₹3,942 crore in FY25
Pinduoduo's Market Capitalization
Over $170 billion
India's Social Commerce Contribution to E-commerce
1-2% of total e-commerce revenue
China's Social Commerce Contribution to E-commerce
30-40% of total e-commerce revenue

Sources

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