China Social Commerce Rising... Meilishuo + Mogujie Driving =
Content (15MM+ Photos) + Community (200MM Users) + Commerce ($2B GMV)*
Source: Meilishuo, Mogujie.
*Photos / community / commerce data are cumulative estimates of both companies combined through 2014E.
**Mogujie introduced new payment option allowing buyers to ‘request payment’ from their partners.
Design + Production + Sale of Fashion Items
Content + Product + Buyer + Seller