China's Ecommerce Market to Reach $1.5 Trillion by 2025 Amid US Tensions

Friday, Nov 21, 2025 1:25 pm ET1min read

China's ecommerce market is projected to reach $1.5 trillion in 2025, with quarterly results from ecommerce leaders highlighting different strategies for capturing evolving demand. ATRenew posted record revenues of $723.3 million, driven by strong demand for pre-owned electronics. PDD Holdings reported a 9% year-on-year revenue growth to $15.22 billion, while JD.com saw a 14.9% year-on-year growth to $42 billion.

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