Aug 11, 2022 05:35 PM (GMT+8) · EqualOcean
TikTok's GMV exceeded USD 1 billion in the first half of 2022, comparable to its full-year volume in 2021. The average monthly GMV in Indonesia is USD 200 million, and the average monthly GMV in the UK is USD 24 million. Its competitor Shopee's (SHOP:NYSE) 2021 GMV exceeded USD 60 billion, while Alibaba’s (BABA:NYSE) e-commerce platform Lazada had a GMV of USD 21 billion as of September 2021.