Kuaishou E-Commerce Targets Nearly 100 Billion Yuan in GMV, …

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BEIJING, January 28 (TMTPOST)— TikTok’s strongest Chinese rival is setting an ambitious target in e-commerce following a better-than-expected performance last year.Source: Visual ChinaKuaishou aimed to generate an annual gross merchandise volume (GMV) between RMB900 billion (US$141.5 billion) to RMB970 billion (US$152.5 billion) from the e-commerce business for this year, Tencent’s news media