On February 10, Kuai Shou E-commerce released the “2022 Spring Festival consumption trend insight report”, which compares the consumption trend of city residents under tier three cities in 2022 during the Spring Festival with the purchase of goods in the same period of the previous year.
Total orders of Kuai Shou E-commerce grew 84% year-on-year and GMV grew 121% year-on-year. Clothing and footwear, food, beauty, personal care, jewelry and watches, and cell phone numbers became the most popular TOP 5 of the most favorite products, the report said.
During the Spring Festival from January 1 to February 3, the report showed that the total volume of orders placed with fast sellers increased compared with the same period last year.
