B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
$597,000,000,000
$597,000,000,000 -- gross merchandise value for Pinduoduo (2023)
Pinduoduo reached a Gross Merchandise Value of $597 billion in 2023, making it the 2nd largest player in China's online retail market.
Attribution:
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Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
$597,000,000,000
Unit
Currency Usd
Data Vintage
2023
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
95
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
Datum Intelligence
Primary
Tier A
https://www.datumintell.com/product-page/datum-online-retail-china-forecast-2023-28 ↗
Source Article
Datum Online Retail China Forecast, 2023-28 | Datum Intelligence
Datum Online Retail China Forecast, 2023-28
$1,999.00
Online retail in China is expected to grow at CAGR 8.7% from 2023-28 to reach $2.9 Trillion
China surpassed the $1 Trillion mark in online retail sales 2018 and expected to cross the $2 trillion mark on 2024. We expect the market to touch the $3 …
Original Research
Datum Intelligence
· Original study ↗
Methodology
Research firm market analysis
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
Pinduoduo: $597,000,000,000 gross merchandise value. Source: Datum Intelligence (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/pinduoduo-gmv-2023
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<blockquote cite="https://lighthousedata.io/data/pinduoduo-gmv-2023" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>$597,000,000,000</strong> -- gross merchandise value for Pinduoduo<br><small>Source: Datum Intelligence (2023) · <a href="https://lighthousedata.io/data/pinduoduo-gmv-2023" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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