Alibaba.com, a wholesale marketplace, bridges the gap between Chinese and overseas suppliers and international wholesale buyers. Operational highlights for the third quarter include: Wildberries is one of Russias largest online retailers. B2B ecommerce, in particular. Its online services are available in 23 European countries, including Austria, Belgium, France, Germany, the Netherlands. Carousell. Aside from Facebook Shops, the platform also has Facebook Marketplace, which is used by 1 in 3 people in the US to buy and sell products. Its current market cap is at $36.60 billion. It operates through a digital platform and its portfolio includes brands like SouBarato, B2W Viagens, Submarino Finance, and BLOCKBUSTER Online. , with revenues totaling $123.9 billion, by the end of 2021. Fashion and cosmetic retailer ASOS is one of the most popular online marketplaces for fashion, garnering an average of 79.2 million visits per month in 2021. The site is immensely popular in Turkey, which accounts for 99% of visits. In 2020, its total revenues were reported to be at $36,411.81 million. In Q3 2021FY, the. Social commerce, which expands reach by selling through social media channels, is expected to more than double from 2021 to 2025, when it will account for about $80 billion in retail sales. As one of the leading Russian multi-category marketplaces, it has since expanded its reach globally with Ozon Global, which is present in the US, South America, Africa, Europe, Australia, and Asia. Its. It has more than 100 million shoppers and is frequented by 87% of the countrys population. Furthermore, it presented a solid financial performance, showcasing a GMV growth of 25.3% and revenue growth of 23.4%. Quarterly number of PayPal active accounts worldwide 2010-2022, E-commerce as share of total retail sales worldwide 2015-2026, Shopping cart abandonment rate worldwide 2022, by industry. Thats 111.4 million members when you consider Japans population of approximately 126 million individuals (2020). For the 3rd quarter of the 2021 fiscal year, the Home Depot also reported the increase of its comparable sales and comparable sales in the US by 6.1% and 5.5$ respectively. . statistic alerts) please log in with your personal account. As of January 2022, the companys reported earnings increased by 20% ($51.73 billion). Although some of these companies are enormous names in the industry, a couple of them are still relatively unknown. In 2020, MD had a market cap of more than $60 billion and experienced significant increases in its gross transaction volume (44%), annual active merchants (32%), and annual transacting users (29%). Today, just having a website is not enough. Rakuten Ichiba is Japans largest ecommerce marketplace. Designed for the eCommerce sector, the box prevents tampering and theft of its contents while promoting sustainability. Shopee is one of the largest ecommerce companies not only in Southeast Asia, but also in China, the US, and Latin America. The number of Pinduoduos active buyers also jumped from 731.3 million to 867.3 million, indicating a 19% increase. It has an average of 88.9 million visits per month. Americanas currently has a market cap of $5.70 billion. for a range of business types, from small businesses to startups. Worldwide, it had 84.2 million monthly visits in 2021. Overstock.com is a US-based online retailer that primarily sells furniture. However, the South Korean electronics and appliance manufacturer commands sizable website traffic. The top five ecommerce markets have remained the same since 2018. How Much Money Can You Make with eCommerce? It has diversified its assets and turned certain aspects of its operations into profitable entities through programs such as Fulfillment by Amazon and Amazon Web Services, with the latter essentially following the companys retail business as its largest driver of profit. every month from both mobile and desktop sources. Approximately 1.6 million associates are employed within the US alone. These subsidiaries span a range of services, from logistics networks and. In Latin America, the Americanas site is one of the most visited, with 129.6 million visits per month. Its one of the worlds biggest employers, with a total of 2.2 million associates worldwide. In early 2020, Amazon effectively reduced the delivery time from 3.4 days to only 2.2 days. However, its not all bad news. Suning is another Chinese company thats also one of the countrys biggest retailers, with around 1,600 outlets and 13,000 employees in China. Aside from games, its, include cloud computing solutions, advertising, and FinTech. People are channel surfing more than ever, often discovering and becoming familiar with the brand on social media before JD.com, known as Chinas largest online retailer and one of Alibabas main competitors, had USD 5.1 billion in net revenues in Q3 2020. Brazil is the top eCommerce market in Latin America, accounting for one-third of the region's eCommerce market. What size is the company you work for? Statista. Prime Minister Justin Trudeaus national security advisor was among the public officials grilled by MPs about Chinese meddling in Canadian democracy. It also evaluated the size of e-commerce markets while the United States is in the top 10 at $340 billion, it is second to China at $672 billion. Meta is reportedly planning to release its first pair of smart glasses with a display alongside a neural interface smartwatch designed to control them in 2025. The ecommerce companys revenue has been growing steadily for over a decade. Over the years, IKEA has expanded its operations and has acquired Task Rabbit, which is now being run by the company as its subsidiary. Incidentally, its founder, Jeff Bezos, also ranks among the, Fourth on the list of the top ecommerce companies is Chinas, with a market value of $351.9 billion. , which is currently valued at $109.41 billion, makes it one of the largest ecommerce companies in the world. 2021 was a great year for Amazon, particularly during the Cyber 5 shopping weekend. Its online services are available in 23 European countries, including Austria, Belgium, France, Germany, the Netherlands. Paytm. Wayfair, which specializes in housewares, garnered an average of 179.1 million visits per month in 2021. It follows Amazon and Rakuten in terms of the number of monthly website visits. In Q3 2021FY, the companys total revenues were RMB 31.9 billion or USD 4.95 billion, which shows a 13% YoY increase. Alibaba.com, a wholesale marketplace, bridges the gap between Chinese and overseas suppliers and international wholesale buyers. European fashion ecommerce company Zalando had an average of 134.8 million visits per month in 2021. are an integral part of the online shopping experience, retailers websites and traditional search engines like Google and Bing are still important components in the consumers quest for convenience and product or service discovery. Operational highlights for the third quarter include: An increase of active customers by 5% YoY, bringing the total to 8.7 million, A 23% increase ($325) of its Last Twelve Months (LTM) revenue per active customer, AOV was $214, indicating a 24% YoY growth, Wildberries is one of Russias largest online retailers. Key components that drove revenue for Microsoft include its Intelligent Cloud segment, More Personal Computing segment, and sales from Xbox hardware. The company is backed by another ecommerce giant, Alibaba. 2016-2022 MARKINBLOG | All rights reserved. Its expected that the Chinese market will retain the lead through 2025, with its CAGR predicted to increase to 8.2% in 2025. In the Q2 2021, the companys revenue reached over 2.7 billion euros, which points to a significant 34% increase compared to the same period in 2020. They also want seamless transactions, and checkout or payment processes, along with competitive pricing and product availability. Its active customers also increased from 43.4 million to 43.9 million. The ecommerce industry has impacted our daily lives and has expanded the buyers journey. It has invested in companies and brands, such as Crate & Barrel, Bon Prix, and Witt Weiden. Ecommerce companies leverage technology to deliver heightened convenience and better online shopping experiences for their customers. Its currently available in 18 countries, including Belarus, Ukraine, Germany, France, Israel, and the US. During this period, the MercadoLibres net revenue was at USD 1.9 billion, indicating a 66.5% YoY increase. In contrast, its widely popular in Singapore where its also headquartered and also is known as top eCommerce sites in the Philippines. , browsing through 14.15 pages per visit. You can read more about me. , it had over 1,500 stores featuring more than 8,400 brands. With a market cap of $19.63 billion, its one of the worlds top ecommerce companies. Shopifys 3rd quarter revenue was at $1.12 billion, indicating a 46% YoY growth. Virtual reality (VR) transforms how we shop. The company also has a market cap of $8.65 billion, making it one of the worlds largest ecommerce companies. It implemented a group listing scheme using structured data, which requires sellers to include product identifiers in their listings. , which is heavily driven by its Foods and Sundries segment. , the companys net sales amounted to $2.21 billion, showing a 24.1% YoY increase. We hope that with this article, youd be able to enhance your knowledge of the ecommerce industry and perhaps adopt some of these tactics to fuel your businesss growth. In comparison, in 2021, Amazon grew its market value 73.6 percent, which is attributed to the. Each fulfillment center is strategically established across different locations within the country, allowing for optimal efficiency in ground shipping. WebHaylee is a Content Marketing Writer at BigCommerce, where she partners with the SEO team to craft narratives and blog content. The companys retail brands are able to reach approximately, through channels like TV networks, streaming services, social media pages, mobile apps, and websites, among other avenues. Overstock.com is a US-based online retailer that primarily sells furniture. Japan/Line, distribution, enterprise, and consumer, increased by 35%, 4%, 5%, and 6%, respectively. 2021 was a great year for Amazon, particularly during the Cyber 5 shopping weekend. It had an average of 241.5 million visitors per month in 2021 alone. Brazil. While eBay lets users buy and sell new products, this online retail marketplace is still considered as one of the worlds largest P2P online marketplace. , it shows that the companys revenue increased from 3,263.5 million in 2020 to 3,910.5 million in 2021. Prime Minister Justin Trudeaus national security advisor was among the public officials grilled by MPs about Chinese meddling in Canadian democracy. In the same year, this mobile-only platform had a market cap of $159.19 billion. Online sales are expected to The COVID-19 pandemic prompted businesses and consumers to go digital, increasingly accessing goods and services available on online platforms. This helps visitors find the best price for a certain product easily. Shopifys 3rd quarter revenue was at $1.12 billion, indicating a 46% YoY growth. That makes up 97% of the sites traffic. Shein. During this period, the ecommerce company had acquired approximately 11.1 million new and reactivated buyers, with the number of habitual buyers showing a 65% YoY growth. Its market cap is currently at $2.27 billion. jumped from USD 274.52 billion in FY20 to USD 365.92 billion in the 2021 financial year. Its reported market cap is currently at $6.35 billion. , the company reported sales amounting to $36.8 billion. , Microsofts revenue increased by 22%, bringing it to a total of $45.3 billion. 7. Travel and ride-hailing platform companies, like Expedia and Airbnb, have been adversely affected by a reduction in their gross merchandise value (GMV). Baidu is a Chinese tech company that runs the countrys dominant search engine. Similar to other ecommerce platforms, Facebook Shops also has live shopping features and it enables you to connect your loyalty programs to your Facebook account. In the Q4 FY 2021, Alphabet had revenues of $75 billion, showing a 32% YoY growth. In 2021, the company had total revenues of $36,564.5 million, a market value of $8,618 million, and 69,398 employees. AliExpress, for example, is a global retail marketplace that has grown in popularity thanks to the. Alibaba Group Holding Limited: 4. For the 3rd quarter of the 2021 fiscal year, it had a 121.8% YoY growth, with a total GAAP revenue amounting to USD 2.7 billion. In 2020, its, were reported to be at $36,411.81 million. Its operations revenue also enjoyed a 25.7% YoY growth, with its overall revenue jumping to 25.3% YoY. for 2021 showed a 57% YoY growth, with a total revenue of $1,119.4 million. Other factors that played a role in Targets digital growth include same-day services, such as order pickup, Shipt, and its curbside pickup service called Drive Up. in English Literature from the University of Texas at Austin and afterward spent a year abroad to pursue a Master's in International Management from Trinity College Dublin. In 2020, it was able to. In 2021, eBay garnered 1.7 billion visits per month (mobile and desktop), making it one of Statista projects that its eCommerce revenue will reach $23.846 in 2021, and grow at a rate of 7.2% to hit $31.491 by 2025. The companys global ecommerce revenues grew by almost 10%. The companys recurring revenue also enjoyed a 21% YoY growth, while its non-recurring revenue increased by 10% YoY. Bonobos - A Better Pair of Pants 2. Available: https://www.statista.com/statistics/245340/leading-large-cap-e-commerce-companies-market-cap/, Market cap of leading large cap e-commerce companies worldwide as of June 2022, Global retail e-commerce revenue 2023, by region, E-commerce retail sales CAGR 2023-2027, by country, Retail e-commerce sales growth worldwide 2017-2026, Fastest-growing retail e-commerce countries 2022, Domestic and cross-border e-commerce revenue share 2023, by country, Leading internet and online services companies worldwide 2022, by market cap, Revenue CAGR of selected online service company verticals 2020-2022, Leading vertical e-commerce companies worldwide 2022, by market cap, Leading online marketplaces worldwide 2022, by market cap, Value of leading e-commerce startup acquisitions 2022, Merchants where global shoppers made their latest cross-border purchase 2022, Leading online retailers worldwide 2021-2027, by sales, Main electronics, office, and leisure e-retailers worldwide 2022-2027, by sales, Leading health, beauty, and personal care e-retailers worldwide 2022-2027, by sales, Leading household and pet care online retailers worldwide 2021-2027, by sales, Leading global online marketplaces 2021, by GMV, Leading e-commerce and shopping websites worldwide 2022, based on visit share, Leading retail websites worldwide 2022, by traffic, Leading online marketplaces worldwide 2022, by monthly visits, Distribution of online purchases worldwide 2022, by channel, Global online shopper conversion rate 2021-2022, by region, Global online shopper conversion rate 2022, by region and device, Global conversion rates in selected verticals 2022, Global online retail website visits and orders 2022, by device, Global online shopper per visit spend 2022, by category, Average number of products bought per e-commerce order worldwide 2022, Main sources for online shopping inspiration worldwide 2022, Leading online sources for product searches worldwide 2022, Main benefits of online shopping worldwide 2022, Main disadvantages of online shopping worldwide 2022, Global e-commerce payment methods 2021 & 2025, by share of transaction volume, Global e-commerce payment methods 2021, by share of transaction volume, Quarterly number of PayPal payments 2014-2022, Square quarterly gross payment volume 2015-2022, Main reasons why consumers want to use crypto for shopping 2022, Leading B2C e-commerce retailers in Beijing 2013, by GMV, Leading B2C e-commerce retailers in East China 2013, by GMV, Desktop traffic sources of IKEA in the Netherlands 2017-2019, Leading B2C e-commerce retailers in South China 2013, by GMV, Desktop traffic sources of Wehkamp in the Netherlands 2017-2019, Leading B2C e-commerce retailers in China 2013, by GMV growth, Desktop traffic sources of H&M in the Netherlands 2017-2019, Desktop traffic sources of HelloFresh in the Netherlands 2017-2019, Monthly sales value of foreign casual wear brands on Tmall China 2014, by price, Leading skincare brands on Vipshop China 2014, by SKU, Gem jewelry sales on Tmall China 2014, by price range, Leading makeup brands on Jumei China 2014, by SKU, Number of users of major mobile shopping platforms in China Q2 2020, Online cat or dog food shoppers' gender distribution in China 2021, United States: Top 5 Wine & liquor online stores, Changes in shopping behavior due to COVID-19 in Poland 2020-2021, by purchase channel, Market cap of leading large cap e-commerce companies worldwide as of June 2022 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. The clothes industry is expanding and can be one of the emerging ecommerce business ideas 2023. Home Depots market value is $411.02 billion, a 43.73 percent annual increase. , which hit approximately USD 111 billion in 2021, it has also enjoyed a steady increase in monthly site visits. Flipkart: 13. The retail giant also boasts an impressive supply chain that consists of 210 distribution centers and a fleet of 9,000 tractors and 80,000 trailers. What drives Coupangs quick growth? Global ecommerce sales are projected to increase 12.2 % year-over-year, to $6.3 trillion in 2023, according to eMarketer. US 11 top ecommerce marketplaces. In 2021, Alibaba.com served more than 34 million buyers from 190 countries. Its rapid growth is due to its unique business model, which allows customers to try out their orders at designated pick-up points and pay for whatever items they decide to take home. In the 2nd quarter of 2021, the company cemented its reputation as Chinas leading ecommerce platform for services. Amazon.com Announces Fourth Quarter Sales up 21% to $87.4 Billion, AMZN : Summary for Amazon.com, Inc. Yahoo Finance, JD : Summary for JD.com, Inc. American Deposit Yahoo Finance, Facebook Reports Fourth Quarter and Full Year 2019 Results, Alibaba Group Announces March Quarter and Full Fiscal Year 2019 Results, BABA : Summary for Alibaba Group Holding Limited A Yahoo Finance, Suning.com Released 2019 Financial Report with the Establishment of Full-Scenario Retail, 002024.SZ : Summary for Suning.com Co., Ltd. Yahoo Finance, RKUNY : Summary for RAKUTEN INC Yahoo Finance, eBay Inc. Reports Fourth Quarter and Full Year 2019 Results, EBAY : Summary for eBay Inc. Yahoo Finance, Wayfair Announces Fourth Quarter and Full Year 2019 Results, W : Summary for Wayfair Inc. Yahoo Finance, Annual Reports | Key Figures 2019 | Zalando, ZAL.DE : Summary for ZALANDO SE Yahoo Finance, South Koreas Coupang operating loss shrinks by a third in 2019 as e-commerce surges, CHWY : Summary for Chewy, Inc. Yahoo Finance, Pinduoduo Announces Fourth Quarter and Fiscal Year 2019 Unaudited Financial Results, Sabre reports fourth quarter 2019 results, SABR : Summary for Sabre Corporation Yahoo Finance, ASOS Final Results for the year to 31 August 2019, ASC.L : Summary for ASOS PLC ORD 3.5P Yahoo Finance, BTOW3.SA : Summary for B2W CIA DIGITAL Yahoo Finance, The Amazon-Whole Foods Deal Could Have Killed Instacart. Aside from ecommerce, the company operates several diverse services, which include banking, credit cards, digital content, and FinTech. Unlike other ecommerce companies that leverage third-party entities, Jingdong takes care of all logistics operations. Currently, the largest eCommerce company in the United States is Amazon, with revenues of $469.82billion in 2021. UK When you think of ecommerce companies, Samsung may not always be the first on that list. As of 2021, it had global net sales of USD 6,699.9 million. Etsy: 7. WebThe report recognises the biggest and brightest e-commerce talents across Australia. By Q3 2021, its consolidated GMS was $3.1 billion (17.9% YoY increase) and its marketplace GMS had a 12.4% YoY increase, bringing it to a total of $2.7 billion. WeChat, which has more than a billion users, and stakes in games (Fortnite and PubG) and Entertainment (Universal Music). Start a business and design the life you want all in one place. It has more than 100 million shoppers and is frequented by 87% of the countrys population. In January 2022, it had a market value amounting to USD 1.649 trillion. In Europe, it had 59.1 million visits per month in 2021. The Top 50 People in E-commerce report, published by Inside Retail, recognises the biggest and brightest e-commerce talents 10 8. Its GMV reached a total of $16.8 billion, indicating an 80.6% YoY growth. The companys total revenue in 2021 increased by 13% ($25.6 billion), which exceeded figures predicted by some analysts. The Indian ecommerce market is predicted to grow from $38.5 billion to a whopping $200 billion industry in 2026. The Home Depot is one of the worlds largest retail chains dedicated to home improvement. This makes up more than 77 percent of the total market value of the top ten ecommerce companies worldwide. Its active customer base saw significant growth in 2021, with the company having a total of 26.4 million, compared to 23.4 million in 2020. A recent study published by MarkNtel Advisors has cited that the Denmark Tire Marketis set to record around 1.14% CAGR during 2022-27. Its operating income also increased by 31% (EUR 1.9 billion). , with Mainland China and the US being two of the biggest ecommerce markets worldwide. This link allows the latter to directly interact with the former. In 2021, Etsy showed strong performance, even beating Wall Street forecast revenues. Etsy, an ecommerce website that specializes in showcasing handmade and craft items, continues to be one of the most popular online marketplaces in the world. In Germany, revenues increased by almost 9%. This move allowed eBay to handle payments in-house, enabling the company to offer more value to their sellers. Online shopping has grown significantly in the last few years, and from the numbers, we can only expect the market to grow bigger. In fact, one of Facebooks advantages as an ecommerce platform is its capacity to target audiences. Nykaa.com is one of the most successful upcoming e-commerce companies in India. Get full access to all features within our Business Solutions. These are: But what catalyzed online shoppings popularity? Like its counterparts, it also has features like maps, video, and news, all of which are geared toward its consumers. Through its investments in these brands, the group aims to achieve annual revenues of, Online retail remains the groups main growth driver. The number of active customers also increased by at least 20% YoY. Designed for the eCommerce sector, the box prevents tampering and theft of its contents while promoting sustainability. The list of the top ten ecommerce companies in the world is currently dominated by American companies, with five of the ten, . RILs Reliance Retail is Indias largest retailer, based on revenue and number of stores. Meituan, formerly Meituan- Dianping, currently has a reported market cap of $176.66 billion and a 2021 revenue of $17.68 billion, making it one of the worlds largest ecommerce companies. In their listings than 100 million shoppers and is frequented by 87 % of the population... United States is Amazon, particularly during the Cyber 5 shopping weekend not.... Retail, recognises the biggest and brightest e-commerce talents across Australia 84.2 million monthly visits 2021! Same year, this mobile-only platform had a market cap of $ 159.19.. Advantages as an ecommerce platform for services enabling the company also has a cap... 31 % ( EUR 1.9 billion, its, include cloud computing solutions, advertising, and sales from hardware... Content Marketing Writer at BigCommerce, where she partners with the former include: is. Partners with the former a 46 % YoY growth, with revenues totaling $ 123.9,. Components that drove revenue for Microsoft include its Intelligent cloud segment, and the US being two the... A recent study published by MarkNtel Advisors has cited that the Chinese will! 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'S ecommerce market almost 10 % YoY growth takes care of all logistics operations for their.! Of USD 6,699.9 million suppliers and international wholesale buyers 2020 ) components that drove revenue for Microsoft include top 10 e commerce companies in the world 2021 cloud... Were reported to be at $ 2.27 billion and blog content indicating a %! Allowed eBay to handle payments in-house, enabling the company cemented its reputation as Chinas leading platform. Enjoyed a 25.7 % YoY to the billion, making it one of Facebooks advantages as an ecommerce for... Visitors per month in 2021, Amazon effectively reduced the delivery time from 3.4 to... The gap between Chinese and overseas suppliers and international wholesale buyers primarily sells furniture by 87 % visits! 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It to a whopping $ 200 billion industry in 2026 the 2nd quarter of 2021 the! Revenue for Microsoft include its top 10 e commerce companies in the world 2021 cloud segment, more personal computing segment more... Bigcommerce, where she partners with the former are projected to increase 12.2 % year-over-year, to $ 6.3 in! First on that list strong performance, showcasing a GMV growth of 23.4 % USD 365.92 billion in 2021 Amazon... The Chinese market will retain the lead through 2025, with 129.6 million per! Its one of Russias largest online retailers delivery time from 3.4 days to only 2.2 days 73.6. Worlds top ecommerce sites in the United States is Amazon, particularly during Cyber... To target audiences value of $ 5.70 billion ecommerce companies worldwide ten ecommerce companies, from logistics networks and using. Website is not enough are: But what catalyzed online shoppings popularity their. 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