This FAQ breaks down livestream shopping trends and what they mean for marketers
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TikTok Shop’s US GMV exceeded $500 million from Black Friday through Cyber Monday, fueled by a nearly 50% jump in shoppers and rapid momentum in livestream commerce. Brands and sellers using livestreams saw 84% sales growth as viewers engaged with more than 760,000 sessions generating 1.6 billion views, a trend amplified by major influencers like Kim Kardashian. Other platforms, including Whatnot, also posted strong holiday results, signaling growing comfort with live buying. The data points to TikTok Shop’s accelerating scale and suggests it is well positioned to capture a larger share of holiday spending as more major brands join the platform.
Shoppers spent over $75 million on live shopping platform Whatnot during Black Friday, the company told EMARKETER. That’s three times last year’s total, underscoring the medium’s swift ascendance and pointing to rising consumer comfort with the format. Livestream commerce’s ability to blur the lines between shopping and entertainment is helping to drive adoption across generations. We expect US livestream ecommerce sales to rise by nearly 50% this year to $14.64 billion, while the number of buyers will jump by 21.5%. Platforms, retailers, and brands that lean into the entertainment and educational aspects of live shopping will be best equipped to capture—and keep—shoppers’ attention.
Live shopping platform Whatnot raised $225 million in its most recent funding round, valuing the company at $11.5 billion, double its worth at the beginning of 2025. Platforms like Whatnot are introducing live shopping to a new generation of consumers who are more dialed into social video than channels like HSN and QVC. The company has generated $6 billion in gross merchandise value this year, more than twice last year’s amount. However, livestream commerce remains a tiny drop in the vast ocean of ecommerce, making it more useful as an engagement and community-building opportunity than as a sales driver.
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Prior to TikTok Shop’s launch last September, live shopping platform Whatnot earned nearly 100% of social shopping gross merchandise value in 2023, according to a recent Earnest Analytics report. What’s Whatnot? Whatnot is a livestream marketplace platform, specializing in the sale of collectibles including sports cards, sneakers, comics, and vintage clothing.
In the US, just 18% of adults say they’ve used livestream and video ecommerce, according to an October 2022 Insider Intelligence survey with Bizrate Insights. Brands shouldn’t shy away from livestream shopping in the US, but they need to be intentional about how they implement it.
The livestream shopping landscape has completely transformed in recent years. QVC, which saw 45% of the downloads among the top 10 US livestream shopping apps two years ago, accounted for just 10% in the first five months of this year. (Apps like YouTube and TikTok were excluded because ecommerce is a secondary feature of their platforms.)
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