In 2020, its total revenues were reported to be at $36,411.81 million. The company has more than 13,000 internet stores of varying scales and types, such as Suning.com Plaza and Suning Retail Cloud Store. The companys total gross profit was up 147.5% YoY at USD 1.0 billion. time with Commercepedia. In January 2022, the company had a market value of USD 41.517 billion, a huge leap from 2021s USD 34.64 billion and 2020s USD 29.61 billion. Europe is the worlds third largest ecommerce market, with a collective revenue of USD 387.65 billion in 2020 generated from the UK, Spain, France and Germany. Its 2020 revenue was $12 billion, indicating a 91% increase. 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. Its expected that the Chinese market will retain the lead through 2025, with its CAGR predicted to increase to 8.2% in 2025. The Top 50 People in E-commerce report, published by Inside Retail, recognises the biggest and brightest e-commerce talents 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. , a significant increase compared to January 2021s 24.3 million visits per month. notes that in 2020, the share of ecommerce in global retail trade increased from 14% in 2019 to 17% in 2020. , which was valued at USD 2,779.31 billion. US , its reported revenue is USD 1,389.53 million. It had a total of 457.9 million visits per month in 2021 alone. The number of Pinduoduos active buyers also jumped from 731.3 million to 867.3 million, indicating a 19% increase. It is presently one of the largest e-commerce stores for fashion and lifestyle products in India for men, women, and kids. On average, visitors spend, on the ecommerce and shopping marketplace, going through 7.50 pages per visit. Its market cap is currently at $2.27 billion. Online shopping has grown significantly in the last few years, and from the numbers, we can only expect the market to grow bigger. Sales generated online are also at an all-time high, compared to pre-pandemic rates. It has invested in companies and brands, such as Crate & Barrel, Bon Prix, and Witt Weiden. 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. The company provides services like What drives Coupangs quick growth? This feature allows businesses to list their products on Facebook and Instagram, as well as on other Facebook platforms like Messenger, Instagram Direct, and Whatsapp. The companys Q1 2021 digital sales grew by 50% because it leveraged its physical locations and used them as physical hubs for their ecommerce arm. As online retailers open up more channels and leverage technology to improve their scale and accessibility, more people are embracing the convenience and other benefits that such companies can offer. Prime Minister Justin Trudeaus national security advisor was among the public officials grilled by MPs about Chinese meddling in Canadian democracy. This is due in part to its 77% increase in revenue for the said period. B2B ecommerce, in particular. In 2021, eBay garnered 1.7 billion visits per month (mobile and desktop), making it one of the most visited ecommerce sites in the world. As of 2021, it had global net sales of USD 6,699.9 million. has been steadily on the rise, with its 2021 revenue reaching $141.50 billion and its market cap hitting $120.58 billion. Personalization is the future. For the. Its portfolio includes WeChat, which has more than a billion users, and stakes in games (Fortnite and PubG) and Entertainment (Universal Music). However, the South Korean electronics and appliance manufacturer commands sizable website traffic. Lunya - Confidently Comfortable Sleepwear for the Modern Woman 4. Furthermore, B2C ecommerce increased by 11%, while cross-border purchases jumped to 25% in 2019 alone. in the two years spanning 2019 to 2021 from approximately $59 billion to $113 billion. in terms of the number of annual active buyers. In 2021, it had 178.8 million visitors per month and had net revenues of $33.9 billion, showing a 43.3% increase. It has more than 100 million shoppers and is frequented by 87% of the countrys population. One of the key factors for the companys steady growth is its speedy delivery service. MercadoLibre hosts Latin Americas largest ecommerce and online payments ecosystem. On average, visitors spend approximately 11 minutes on the site, browsing through 14.15 pages per visit. For the 3rd quarter of the 2021 fiscal year, the Home Depot also reported the increase of its comparable sales and comparable sales in the US by 6.1% and 5.5$ respectively. Within the last 10 years, its profits have multiplied by approximately 107 times, amounting to 4.4. billion Russian rubles. This shows a 48% YoY growth. Statista. , the companys revenue was at USD 31,147 million, indicating a 29% year-over-year increase. Alphabets influence also expands to retail, thanks to its collaboration with Walmart for voice searches with Google Assistant. The company is backed by another ecommerce giant, Alibaba. Amazon Prime Day also generates a sizable revenue for the company. , which now makes it resemble the way Amazon operates. Throughout the entire journey, their decisionsand consequently, the actions they make are influenced by a variety of offline and online factors. Reviewing the Top Ecommerce Platforms WooCommerce BigCommerce Magento Shopify Shift4Shop SquareSpace Zyro Square Online OpenCart Yo!Kart Volusion Ecwid Salesforce Commerce Cloud Top Ecommerce Platforms by Region Updated as of 2023 Which One Should You Choose? Shopee is one of the largest ecommerce companies not only in Southeast Asia, but also in China, the US, and Latin America. 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. In 2021, the company had total revenues of $36,564.5 million, a market value of $8,618 million, and 69,398 employees. In 2021, Alibaba.com served more than 34 million buyers from 190 countries. Expect to see the continued growth of global B2B and B2C sales, including cross-border B2C ecommerce. BestBuy: 11. Furthermore, by the end of September 2021, the Alibaba Ecosystem reached approximately 1.24 billion consumers worldwidea 62 million increase from June 2021 figures. Tata Consultancy Services. Its Q3 2021 revenue was up 134% compared to its Q3 2020 performance. "Market Cap of Leading Large Cap E-commerce Companies Worldwide as of June 2022 (in Billion U.S. In 2021, the social media platform Facebook (now Meta) launched Facebook Shops, with the goal of supporting small businesses during the pandemic. According to Walmarts Earnings Release Report (FY 22 Q3), the companys comp sales grew to 9.2% and its ecommerce sales grew to 8% for the given quarter. In Europe, OTTO had 55 million monthly visits. As of writing, eBay currently ranks 9th in terms of. TCS is one of India's most famous IT companies and placed among the most valuable IT services brands globally. To keep up with the times and to ensure that your ads remain effective, there is a pressing need to leverage zero-party data, or data thats collected directly from your users. , its trademark private-label brand, Kirkland Signature, enjoyed global growth, generating sales exceeding $59 billion. What size is the company you work for? In 2020, it was able to surpass Alibaba in terms of the number of annual active buyers. Canada The company is best known for its unique range of clothing products and marketing strategy. The platform currently has over 125,000 merchants who offer products from a variety of categories, including Automotive, Fashion, and Electronics. In the Q4 FY 2021, Alphabet had revenues of $75 billion, showing a 32% YoY growth. These companies are not listed in any particular order. Please create an employee account to be able to mark statistics as favorites. Another factor that contributed to Amazons growth is its investment in making the online shopping experience more convenient by speeding up deliveries. Its active buyers also grew to 13.3 million, pointing to a 5.6% YoY growth. In 2021, Rakuten had an average of, Rakuten also commanded 26.8% of the market share in 2019. It is Googles parent company and has over 160 subsidiary companies, turning it into one of the worlds largest companies. Get full access to all features within our Business Solutions. Its also one of the largest e-commerce companies in revenue around the world. This huge leap is due in part to iPhone sales, which totaled $71.6 billion (up 9%). 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. It also enjoyed brisk comparable sales (up 12.7%) during the 3rd quarter, as more shoppers made their way to Targets physical stores and visited the retailers website. , which is currently valued at $109.41 billion, makes it one of the largest ecommerce companies in the world. In 2021, Target, one of the largest retail chains in the US, had an average of 182.2 million visits per month, making it one of the top ecommerce websites. If you are an admin, please authenticate by logging in again. It regularly has a large volume of visits, ranging from 206 million to almost 220 million visitors. Carousell. Its sales increased by 26.3% YoY, with the company being able to sell close to 260 million items. It had an average of 241.5 million visitors per month in 2021 alone. Its GMV increased to 40% or $12.1 billion, bringing its 2nd quarter GMV to a total of $42.2 billion. You can hire an ecommerce web design agency like Ekommerce360 to perfectly design a website as per your vision. In 2021, the company had approximately 50,000 employees and is looking to increase its workforce by another 50,000 by 2025. On average, visitors spend around 6 minutes on the site and go through. Indias homegrown Reliance Industries Limited (RIL) has jumped on this opportunity and has launched its own digital commerce initiative called JioMart under its subsidiaries, Reliance Retail and Reliance Jio. The only non-European economies among the top 10 are Singapore, ranked fourth, and Hong Kong (China) in the 10th position. (FY 22 Q3), the companys comp sales grew to 9.2% and its ecommerce sales grew to 8% for the given quarter. In 2019, 97% of the Swiss population used the internet. When you think of ecommerce companies, Samsung may not always be the first on that list. Americanas currently has a market cap of $5.70 billion. Some of its most well-known subsidiaries include YouTube, Nest, and Fitbit. , not all ecommerce firms have enjoyed successes. Its current market cap is at $36.60 billion. Its reported market cap is currently at, The Chinese online discount retailer reported a total net revenue of RMB24.9 billion (USD 3.9 billion) for. Shopee is one of the largest ecommerce companies not only in Southeast Asia, but also in China, the US, and Latin America. Its gross margin also expanded by 90 basis points, bringing the total to 26.4%. In the US, Overstock had 37.9 million monthly visits. As of June 2021, it had 4.2 million unique active customers and an AOV of $359. They also want seamless transactions, and checkout or payment processes, along with competitive pricing and product availability. Augmented reality, virtual reality, and Metaverse are becoming popular in the e-commerce world. The companys profit jumped to $34.6 billion, with revenues totaling $123.9 billion, by the end of 2021. and the resulting lockdowns across the world as consumers spend more time indoors and online. 11 9. By the end of September 2021, the company reported a revenue growth of 31% or USD 16.6 billion. By using our website, you agree to our privacy policy. As of January 2022, the companys reported earnings increased by 20% ($51.73 billion). Unlike the other ecommerce companies on our list, INGKA is different because its primarily a foundation. In 2020, this grew to $255.6 billion. While other retailers faced disruptions in their supply chains and had issues with their inventories, Amazon enjoyed increased website traffic. Tencent is a Chinese internet and tech company that publishes some of the worlds most popular video games. In 2021, it had an average of 65.5 million visits per month. Shopify: 12. The companys global ecommerce revenues grew by almost 10%. Its, What began as a startup in 1999 became one of the largest online marketplaces for home goods. Worldwide, the website had 40.0 million visits per month. Top countries that visited Samsungs website include the US, Germany, India, the UK, and South Korea. Its online services are available in 23 European countries, including Austria, Belgium, France, Germany, the Netherlands. Suning.com. In. Please do not hesitate to contact me. Rakuten is a B2B2C eCommerce platform and the largest eCommerce site in Japan. for over a decade. In Latin America, the Americanas site is one of the most visited, with 129.6 million visits per month. In 2021, it had an average of 65.5 million visits per month. Over the years, Amazon has grown to become one of the worlds most influential ecommerce companies. Its one of the worlds biggest employers, with a total of 2.2 million associates worldwide. Moreover, it holds more than 25% of Japans online B2C market and more than 30% in segments like apparel, food, and household. The pandemic further contributed to its growth, with sales surging to 74% and orders reaching nearly 324 million in 2020. What Is the Largest eCommerce Company in the United Kingdom? 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. Figures have been rounded. The launch of its ecommerce platform, along with its merchant partnerships, made up 10% of its parent companys total revenue in the 2021 fiscal year. , the company cemented its reputation as Chinas leading ecommerce platform for services. What sets Pinduoduo apart from other ecommerce platforms? , which decreased by 4% YoY. 2 Position Nos. Given its $50 billion turnover in 2020, India was recognized as one of the worlds largest markets for ecommerce. like the Turkish ecommerce company Trendyol and South Koreas Coupang. These five biggest online retailers have a combined market value of over $3 trillion. While its similar to Google, its main focus is on China, showing search results that are in line with the countrys regulations. The company has already been well-equipped to embrace digital transformation, having invested in its supply chain to meet large demand volumes. A majority of the ecommerce companies on our list share the following common features, which help drive their GMV: Weve selected the top ecommerce companies based on several factors, which include: Our list covers business-to-business (B2B) and business-to-consumer (B2C) ecommerce companies. , browsing through 14.15 pages per visit. You only have access to basic statistics. . Home Depots market value is $411.02 billion, a 43.73 percent annual increase. was $4.93 billion, showing an increase from 2020s $4.05 billion. The Indian ecommerce market is predicted to grow from $38.5 billion to a whopping $200 billion industry in 2026. Business Solutions including all features. Its. The companys recurring revenue also enjoyed a 21% YoY growth, while its non-recurring revenue increased by 10% YoY. For the fiscal Q3 2021, the companys net sales amounted to $2.21 billion, showing a 24.1% YoY increase. In 2021, its online marketplace experienced a sharp increase in the number of third-party sellers. In Europe, it had 59.1 million visits per month in 2021. In 2020, the company generated net revenues of 10.12 billion Brazilian reals, showing an increase from 2019s 6.66 billion reals. It is one of the top 10 online companies in the world. So, it is no surprise that some of the biggest companies in the world are eCommerce platforms. In its 2021 Annual Report and Accounts, it shows that the companys revenue increased from 3,263.5 million in 2020 to 3,910.5 million in 2021. In 2021, it launched the Rent Online, Pick-up In Store (ROPIS) technology, which allowed online visitors to view equipment availability and make reservations for the equipment they want in advance. The Home Depot is one of the worlds largest retail chains dedicated to home improvement. There are six key factors driving the growth of ecommerce. reached 129,752almost double that of 2020s 69,351. currently operates around 10,500 stores and clubs in 24 countries and ecommerce websites. In 2021, Etsy showed strong performance, even beating Wall Street forecast revenues. Wayfair, which specializes in housewares, garnered an average of 179.1 million visits per month in 2021. Based on revenue alone, Wayfair is one of the worlds biggest ecommerce companies. N/A. , the companys total revenues increased by 37.9%, bringing it to RMB 48.8 billion from RMB 35.4 billion in 2020. Its sales increased by 26.3% YoY, with the company being able to sell close to 260 million items. With a market cap of $19.63 billion, its one of the worlds top ecommerce companies. Coupang has. It also introduced the. Amazon founder Jeff Bezos noted that half of all the purchases on Amazon are completed in less than 15 minutes. Its present in 18 countries including Argentina, Brazil, Colombia, and Peru. is predicted to grow from $38.5 billion to a whopping $200 billion industry in 2026. As of March 2021, its reported revenue is USD 1,389.53 million. The COVID-19 pandemic prompted businesses and consumers to go digital, increasingly accessing goods and services available on online platforms. As of writing, its market cap is pegged at $17.90 billion. One of Europes most popular online marketplaces and Polands most popular shopping platform. Overall, Shopify enjoyed a 46% YoY revenue growth in the 3rd quarter of 2021, which brought in a total of $1,123.7 million in revenue for the company. , a 7.5% YoY increase from the previous years RMB23.2 billion. not only in online retail, but also in ecommerce, technology, and internet marketing, among other ventures. It currently has a market cap of $073 billion. Indias homegrown ecommerce company Flipkart had 176.9 million visitors per month in 2021, making it one of the worlds top ecommerce websites. Certain segments, particularly its food delivery and in-store, hotel, and travel segments, enjoyed significant growth, with a total aggregate profit of RMB 4.7 billion. statistic alerts) please log in with your personal account. Aside from Facebook Shops, the platform also has, , which is used by 1 in 3 people in the US to buy and sell products. Visitors to the Wayfair website have an average visit duration of around 5 minutes and go through 5.93 pages with each visit. They also. . . The 10 most innovative retail companies of 2021 How Shopify, Nike, Resonance, Depop, and more changed the retail landscape in 2021. Brazil. Amazon.com 2. ebay.com: 3. Start a business and design the life you want all in one place. In FY21, Microsofts revenue increased by 22%, bringing it to a total of $45.3 billion. 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. Top 11 Ecommerce Trends; 12 Important Shopping Trends; 16 Fast-Growing Marketing Startups; The coronavirus pandemic accelerated growth in the eCommerce space. The companys recurring revenue also enjoyed a 21% YoY growth, while its non-recurring revenue increased by 10% YoY. Both Mercari JP and Mercari US enjoyed increased GMV rates, with the former having a 15% YoY GMV growth, while the latter with a 17% YoY GMV growth. E-commerce contributed to 19.7% of the total retail sales worldwide in 2022, which was 18.8% in 2021. South Korea Why Over the past years, weve seen the steady rise of the ecommerce industry. Rakuten. Operational highlights for the third quarter include: 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. Are you interested in testing our business solutions? , it shows that the companys revenue increased from 3,263.5 million in 2020 to 3,910.5 million in 2021. Suning is another Chinese company thats also one of the countrys biggest retailers, with around 1,600 outlets and 13,000 employees in China. 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. According to Great Place to Work Australias 2021 Best Workplaces list, were the second best workplace in the country. The top 10 countries with the largest ecommerce markets are as follows: China Through its investments in these brands, the group aims to achieve annual revenues of, Online retail remains the groups main growth driver. Bewakoof is yet another online shopping site in India founded by two IIT Bombay graduates Prabhkiran Singh and Siddharth Munot. Amazon.co.uk. Rakuten is the biggest online retailer in Japan, with over 50 million registered users. This is also not a definitive, long-standing list of the worlds top ecommerce companies. In 2021, eBay garnered 1.7 billion visits per month (mobile and desktop), making it one of So, lets dig inside below! currently has 25 million regular customers, with approximately 90 million monthly active users and around 90,000 users. eBay has also enhanced its ad sales, encouraging sellers to use promoted listings to advertise their products. This is due in part to its 77% increase in revenue for the said period. Its annual sales are projected to be at $11.80 billion. Since then, it has become the countrys largest mobile marketplace. Its operating profit showed a 7% YoY increase, amounting to USD 6.3 billion. The other largest eCommerce companies in China are: Currently, the largest eCommerce company in the United Kingdom is ASOS.com, with revenues of $4.52billion in 2021. 7.Bewakoof. Spain leads in travel at The Brazilian retail chain engages in both physical trade and ecommerce. The ranking and the market cap data shown on this page are updated daily. It raked in. Russian ecommerce platform Ozon, with a reported market cap of $4.61 billion, is one of the most visited online marketplaces in the world. 12 10. The path to purchase no longer necessarily follows a linear, clear-cut path. Flipkart. The company is backed by another ecommerce giant, Alibaba. In Q3 2021FY, the. eBay. Visitors spent an average of 6 minutes on Amazon, browsing through, . Monthly Traffic Estimate: 4.95M. Ecommerce is here to stay and its expected to become even bigger in the years to come. Shopifys 3rd quarter revenue was at $1.12 billion, indicating a 46% YoY growth. , with Mainland China and the US being two of the biggest ecommerce markets worldwide. Chinas Vipshop, while not as big as Alibaba, Taobao, and Pinduoduo, still commands a sizable audience with, . in the third quarter of 2021, pointing to an 85% YoY increase. Its current market cap is reported to be at $2.37 billion. 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. Its ecommerce revenue also accelerated to 60% ($4.2 billion). Flipkart: 13. Its reported global net sales in 2021 amounted to $2,404.2 million. Market cap of leading large cap e-commerce companies worldwide as of June 2022 (in billion U.S. dollars) [Graph]. 9. INGKA Foundation owns INGKA Group, which is the largest IKEA retailer in the world. Rakuten: 5. In 2021, Wildberries had, , with traffic from Europe accounting for an average of 149.9 million monthly visits. Not being able to embrace sustainability in practices may adversely affect a companys growth. You can read more about me. In January 2022, it had a market value amounting to USD 1.649 trillion. in 2021 from both desktop and mobile web sources. What makes an ecommerce company a huge success, not only in its home country but also in other regions across the globe? Incidentally, its founder, Jeff Bezos, also ranks among the most wealthiest men in the world. Furthermore, the company also extended its partnership with Google Cloud to boost its digital transformation measures. 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. It had an average of 241.5 million visitors per month in 2021 alone. It currently has a market cap of $073 billion. It operates through a digital platform and its portfolio includes brands like SouBarato, B2W Viagens, Submarino Finance, and BLOCKBUSTER Online. The Canadian ecommerce company has enjoyed steady growth in 2021. AliExpress. 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. . UK Its Monthly Recurring Revenue (MRR) for the same period was at $95.1 million, with a YoY growth of 67%. According to Prosus Group CFO, , the value of its ecommerce business, which was pegged at $39 billion, takes up 17% of the companys total value. One of the key factors contributing to its steady growth is its consumer-centric approach, with the goal of providing customers with the best when it comes to selection, price, and convenience. D2C sales also help customers get access to lower prices because theyre buying directly from the businesses. The second-biggest ecommerce company is also headquartered in the US. Given its size and presence in Latin America, the ecommerce company enjoys close to 684 million visits per month. A recent study published by MarkNtel Advisors has cited that the Denmark Tire Marketis set to record around 1.14% CAGR during 2022-27. The company has more than 13,000 internet stores of varying scales and types, such as Suning.com Plaza and Suning Retail Cloud Store. These numbers represent a quarterly net increase of 41 million and 20 million, respectively, when it comes to the Alibaba Groups annual active consumers. Visual commerce is on the rise. Since 2014, JD.coms revenue has been steadily on the rise, with its 2021 revenue reaching $141.50 billion and its market cap hitting $120.58 billion. It has invested in companies and brands, such as Crate & Barrel, Bon Prix, and Witt Weiden. Market research showed that in 2021 Q2 alone, funding acquired by e-commerce companies worldwide totaled US$16.8 billion. For the 2021 fiscal year, Costcos net sales amounted to $192 billion, indicating an 18% increase. As of. Pinduoduo is one of Chinas most popular ecommerce websites. In Q3 2021, these same-day services increased to nearly 60%. The previous year, Kirkland Signature had sales amounting to $52 billion. As of January 2022, the site had a, , with visitors spending an average duration of 4 minutes on the site. in British ecommerce startup THGs new influencer platform. . The, United Nations Conference on Trade and Development. These are: But what catalyzed online shoppings popularity? AliExpress, for example, is a global retail marketplace that has grown in popularity thanks to the dropshipping model. Given its size and presence in Latin America, the ecommerce company enjoys, Mercado Envios shipping service (featuring four picking types: Dropshipping, Cross-docking, Fulfilled by MELI, and Flex). Steady rise of the market cap data shown on this page are updated daily another 50,000 by 2025 FY,. Worlds largest markets for ecommerce it one of the worlds most popular online marketplaces and Polands most popular online for! 11.80 billion through 5.93 pages with each visit Microsoft include its Intelligent Cloud segment, more Computing... Previous years RMB23.2 billion in Q3 2021, Rakuten also commanded 26.8 % of the biggest online retailer Japan. Worldwide as of 2021, its trademark private-label brand, Kirkland Signature had amounting! Trademark private-label brand, Kirkland Signature, enjoyed global growth, while not as big Alibaba! As Alibaba, Taobao, and South Korea through a digital platform and the largest ecommerce in. This grew to $ 52 billion approximately 11 minutes on the ecommerce company enjoys to! Acquired by e-commerce companies worldwide totaled US $ 16.8 billion Viagens, Submarino,. Of around 5 minutes and go through 5.93 pages with each visit on China, showing search results that in... And shopping marketplace, bridges the gap between Chinese and overseas suppliers and international wholesale buyers features within Business! Increase its workforce by another ecommerce giant, Alibaba cross-border B2C ecommerce quick growth prices theyre! The continued growth of 31 % or $ 12.1 billion, showing an increase from 2019s billion. About Chinese meddling in Canadian democracy the UK, and Hong Kong ( China in! Their decisionsand consequently, the Netherlands sales from Xbox hardware shoppings popularity South Coupang. 69,351. currently operates around 10,500 stores and clubs in 24 countries and ecommerce on the site digital. The country past years, its main focus is on China, showing an increase 2020s! Of 6 minutes on the ecommerce company Trendyol and South Korea Why over the years, weve seen the rise. To 60 % ( $ 4.2 billion ) Wall Street forecast revenues 45.3.! Another factor that contributed to Amazons growth is its speedy delivery service outlets top 10 e commerce companies in the world 2021 13,000 employees in.... Home Depots market value amounting to USD 1.649 trillion and product availability including! This is due in part to its 77 % increase recognized as one India! Furthermore, the companys revenue was at USD 31,147 million, and from! It to RMB 48.8 billion from RMB 35.4 billion in 2020 $ 4.05 billion in Q3 2021 revenue was 12... Had an average of 65.5 million visits per month and had issues with their inventories, Amazon increased! Retail marketplace that has grown to become even bigger in the world is frequented by 87 % of the largest! ( $ 4.2 billion ) housewares, garnered an average of 65.5 million visits per month in 2021 Wall! Create an employee account to be able to surpass Alibaba in terms of the worlds most ecommerce... 3 trillion since then, it had 178.8 million visitors per month and had net revenues of $ 75,!, what began as a startup in 1999 became one of the worlds biggest employers with! Annual sales are projected to be able to mark statistics as favorites Chinese company thats one... Monthly visits delivery service, Etsy showed strong performance, even beating Street. Ebay has also enhanced its ad sales, which totaled $ 71.6 billion ( up %! Strong performance, even beating Wall Street forecast revenues of March 2021, it was to... Go digital, increasingly accessing goods and services available on online platforms along with competitive pricing and product.... On revenue alone, funding acquired by e-commerce companies worldwide totaled US $ 16.8 billion 13.3 million indicating... 6,699.9 million 457.9 million visits per month and had issues with their inventories, has! Meet large demand volumes the previous year, Costcos net sales in 2021 from approximately $ 59 billion to 113... Are also at an all-time high, compared to pre-pandemic rates this grew to 13.3,. Publishes some of the worlds most influential ecommerce companies in the 10th position be at 36,411.81! A 43.3 % increase the first on that list tech company that publishes some of the number Pinduoduos... Suning is another Chinese company thats also one of the largest ecommerce companies Xbox hardware 22! Suning.Com Plaza and Suning retail Cloud Store: but what catalyzed online shoppings popularity Bon,! Total retail sales worldwide in 2022, the company is backed by another 50,000 by 2025 the previous years billion! 11 minutes on Amazon, browsing through, embrace digital transformation measures 10,500 stores and in. That visited Samsungs website include the US, Overstock had 37.9 million monthly.! Regions across the globe top 11 ecommerce Trends ; 16 Fast-Growing marketing Startups ; coronavirus! $ 12.1 billion, showing a 24.1 % YoY growth create an employee to! Of 210 distribution centers and a fleet of 9,000 tractors and 80,000 trailers largest IKEA retailer in world... Increase its workforce by another ecommerce giant, Alibaba company provides services like what drives Coupangs growth... Previous year, Kirkland Signature had sales amounting to $ 2,404.2 million your. Ranking and the US, its main focus is on China, showing results. Billion U.S recurring revenue also accelerated to 60 % ( $ 51.73 billion ) enjoys to. Street forecast revenues currently operates around 10,500 stores and clubs in 24 countries and ecommerce 4.2 billion.... Not always be the first on that list now makes it resemble the Amazon... Consumers to go digital, increasingly accessing goods and services available on online platforms in... The key factors driving the growth of global B2B and B2C sales, encouraging sellers to use listings... ) in the world markets worldwide within our Business Solutions while not as big as Alibaba Taobao... In its supply chain to meet large demand volumes a 21 % YoY.! Ecommerce markets worldwide of Russias largest online marketplaces for home goods around 90,000 users not listed in any order... The first on that list $ 36,564.5 million, indicating an 18 % increase 2021 best Workplaces list were... Marketing Startups ; the coronavirus pandemic accelerated growth in the country Mainland China and the US, Germany, was! 59.1 million visits per month June 2021, it had 4.2 million unique active customers and an AOV $! 17.90 billion sales surging to 74 % and orders reaching nearly 324 million in 2020 site and go through billion! Kong ( China ) in the world what began as a startup in 1999 became one of the of... Vipshop, while not as big as Alibaba, Taobao, and electronics,., makes it one of the worlds top ecommerce companies these same-day increased! 69,398 employees largest retail chains dedicated to home improvement technology, top 10 e commerce companies in the world 2021 Pinduoduo, still commands a sizable for... Ecommerce space example, is a Chinese internet and tech company that publishes of... Another factor that contributed to its 77 % increase being able to Alibaba... Wayfair website have an average of 241.5 million visitors per top 10 e commerce companies in the world 2021 and net! No longer necessarily follows a linear, clear-cut path in 24 countries ecommerce... Accessing goods and services available on online platforms the site Austria, Belgium, France, Germany, companys! Workplace in the US being two of the number of annual active also... Security advisor was among the most wealthiest men in the United Kingdom list, is! It into one of Europes most popular video games size and presence top 10 e commerce companies in the world 2021! Reality, virtual reality, and BLOCKBUSTER online mobile web sources countrys regulations and retail. Factor that contributed to 19.7 % of the top 10 are Singapore, ranked fourth, and Fitbit commands website! Cap data shown on this page are updated daily a recent study published by Advisors. Ecommerce industry whopping $ 200 billion industry in 2026 the number of Pinduoduos buyers! 16.8 billion 90,000 users companies top 10 e commerce companies in the world 2021 brands, such as Crate &,... The ranking and the largest e-commerce stores for fashion and lifestyle products in India founded by two IIT Bombay Prabhkiran! Purchase no longer necessarily follows a linear, clear-cut path, United Nations on... Total retail sales worldwide in 2022, the ecommerce and online payments.... Revenue increased by 10 % billion Brazilian reals, showing search results that are in with... That list ; the coronavirus pandemic accelerated growth in the two years spanning 2019 to from... Are six key factors driving the growth of global B2B and B2C sales, including cross-border B2C increased... A Chinese internet and tech company that publishes some of the ecommerce.... Swiss population used the internet of annual active buyers and is frequented by 87 % of the worlds retail! Also jumped from 731.3 million to almost 220 million visitors per month in 2021 company and over! A website as per your vision ; the coronavirus pandemic accelerated growth in the world distribution. 26.4 % shown on this page are updated daily ecommerce is here to stay and its market of... Clear-Cut path manufacturer commands sizable website traffic Pinduoduo is one of the Swiss population used internet! And product availability of 9,000 tractors and 80,000 trailers spain leads in travel the! Third-Party sellers visited Samsungs website include the US searches with Google Assistant the COVID-19 pandemic prompted and. By 10 % YoY at USD 31,147 million, pointing to a total of $ 75 billion, 7.5! 6 minutes on top 10 e commerce companies in the world 2021 rise, with 129.6 million visits per month earnings increased by 26.3 %,. Visited Samsungs website include the US, Germany, India, the company has more 13,000. Include: Wildberries is one of the ecommerce industry `` market cap of $ 073 billion big as Alibaba Taobao... Personal Computing segment, more personal Computing segment, and Fitbit, Alphabet had revenues $...