bullish

China Internet – 2023 online retail sales recap and 2024 outlook

236 Views18 Jan 2024 20:42
Broker
The YoY growth of online physical goods GMV/total retail sales in Dec 2023 came in at 9.4%/7.4%, which implies a two-year CAGR of 6.8%/2.7% (slightly improved from 4.3%/1.8% in Nov 2023).
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