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Business & Finance

Livestream shopping expands in U.S. driven by TikTok Shop and Whatnot

U.S. live commerce sales are projected to reach nearly $20 billion in 2026, though platforms still face commission costs and authenticity challenges.

The short version

  • Livestream commerce is gaining traction in the U.S. through apps like TikTok and Whatnot, with eMarketer forecasting $20 billion in U.S. live shopping sales in 2026.
  • Major retailers like QVC and smaller sellers are moving to social platforms to reach live digital audiences, though platforms charge commission fees up to 8% plus processing costs.
  • The sector continues to face challenges around seller visibility, counterfeit items, and stolen goods.

Key facts

  • eMarketer estimates U.S. livestream shopping sales will reach nearly $20 billion in 2026, a 35% increase year-over-year.[CNBC]
  • China's livestream shopping market is projected by eMarketer to top $1.1 trillion in 2026.[CNBC]
  • TikTok reported that its TikTok Shop live sales more than doubled in the first half of 2026 compared to the same period in 2025.[CNBC]
  • Whatnot reached a $20 billion valuation, doubling its valuation since October 2025, after generating a majority of its $8 billion in 2025 global sales in the U.S.[CNBC]
  • TikTok charges sellers a 6% commission plus payment processing fees, while Whatnot takes a commission between 4% and 8%.[CNBC]
  • QVC broadcasts live on TikTok for over 200 hours per week across seven channels after recently exiting bankruptcy.[CNBC]

What remains uncertain

  • Legacy online marketplaces including Amazon, Walmart, and eBay declined to share their livestream sales figures.[CNBC]
  • Whatnot declined to disclose its specific U.S. sales figures, providing only global revenue totals.[CNBC]

Sources