In terms of user growth, in March 2020, Taobao's monthly active users reached 846 million, a year-on-year increase of 125 million; the annual active consumers in the Chinese retail market reached 726 million, a net increase of 72 million year-on-year, and more than 70% of the new annual active consumers came from the sinking market.

In 2020, Tmall's total transaction volume on Double 11 was 498.2 billion, a surge of 85.6%, and JD's total transaction volume was 271.5 billion, an increase of 32%.

In 2021, Tmall's total transaction volume on Double 11 was 540.3 billion, an increase of 8.45%. JD's total transaction volume on Double 11 was 349.1 billion, an increase of 28.58%. From this point of view, the transaction volume of Tmall and Taobao is indeed not as good as before. But the development momentum of e-commerce is still in its heyday. I once saw some netizens say that e-commerce is the country's heavy weapon, but I personally think that without e-commerce, the real economy is more prosperous. Anyway, I didn’t buy anything, and no one around me sold anything, this performance is really amazing