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Alibaba expects livestreaming e-commerce penetration rate to reach 30%

The penetration rate of livestreaming e-commerce in China was 4.1% in 2019 and is expected to reach 8.6% by the end of 2020 and 14.3% by 2021.

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  • TME consolidated its content library during the quarter by forming partnerships with labels including Merlin, Peermusic, and Kobalt.

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    Tencent Music Entertainment Q3 revenue surpasses USD 1 billion

    2 mins read

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