Goldman Sachs published a report on China's Internet industry, listing the growth forecast of the GMV of mainland e-commerce platforms during the "618 Shopping Festival":Shares│Market share forecast│GMV growth forecastBABA-W (09988.HK) +1.700 (+1.545%) Short selling $3.21B; Ratio 26.960% │42%│+6%JD-SW (09618.HK) +0.900 (+0.722%) Short selling $683.61M; Ratio 30.043% │25%│+15%Pinduoduo (PDD.US) │14%│+11%Douyin│16%│+16%KUAISHOU-W (01024.HK) +0.150 (+0.266%) Short selling $236.62M; Ratio 19.267% │3%│+14%------------------------Industry online GMV growth│-│11%Total package volume growth│-│15%(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-20 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)Related NewsCICC Raises KUAISHOU-W (01024.HK) TP to $80 as Kling AI Valued at US$6B if Spun off Independently