Are you interested in testing our business solutions? Thats not all. , which brought in a total of $1,123.7 million in revenue for the company. 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. This link allows the latter to directly interact with the former. This is due in part to its 77% increase in revenue for the said period. It raked in 821.3 million total visits worldwide in 2021 from both desktop and mobile web sources. This figure includes sales from online market platforms and electronic data interchange transactions. Compare that to 2020s market value of USD 941 billion and 2021s USD 1.634 trillion. It regularly has a large volume of visits, ranging from 206 million to almost 220 million visitors. Canada It has more than 390 stores present in 32 countries. In 2020, MD had a market cap of more than $60 billion and experienced. in terms of the number of annual active buyers. Unlike the other ecommerce companies on our list, INGKA is different because its primarily a foundation. In 2019, Suning.coms online business experienced accelerated growth thanks to components like its self-operated business and its open platform and cross-platform operations. In 2021, the companys revenue from its ecommerce ventures increased by 46% or $6.2 billion. The ranking and the market cap data shown on this page are updated daily. Sea Limiteds ecommerce arm had a GAAP revenue of $1.5 billion, which points to a 134.4% YoY growth. In 2021, it had an average of 65.5 million visits per month. Alibaba Group operates several businesses, with the major ones being: These subsidiaries span a range of services, from logistics networks and self-operated retail chains to ecommerce platforms and cloud services. In fact, its predicted that by 2040, a whopping 95% of purchases will be made via ecommerce channels. Over the years, IKEA has expanded its operations and has acquired Task Rabbit, which is now being run by the company as its subsidiary. Chinas Vipshop, while not as big as Alibaba, Taobao, and Pinduoduo, still commands a sizable audience with, . For the. Well, here is the list of the largest eCommerce companies in the world by revenue and market capitalization. Its active buyers also grew to 13.3 million, pointing to a 5.6% YoY growth. Its one of the most popular online marketplaces for housewares and has a. of $15.36 billion. The companys total revenue in 2021 increased by 13% ($25.6 billion), which exceeded figures predicted by some analysts. In Japan, Rakuten Ichiba is recognized as the most trusted ecommerce marketplace, even outperforming the global ecommerce juggernaut Amazon. Here are the sixth- to tenth-biggest online retailers in the world and their market values: The top ten ecommerce companies in the world are scattered across three different continents, with six from North America, three from Asia, and one from Europe. It continues to play a major role in tech solutions, such as the cloud and artificial intelligence, and it also continues to offer reliable business applications. Amazon, Walmart and eBay are the leading U.S. retailers in 2021 by e-commerce sales, according to Statista, but Amazon still remains far ahead of the pack. You can hire an ecommerce web design agency like Ekommerce360 to perfectly design a website as per your vision. Alibaba Group Holding Limited: 4. Its. It had a total of 457.9 million visits per month in 2021 alone. Designed for the eCommerce sector, the box prevents tampering and theft of its contents while promoting sustainability. No. Overstock.com is a US-based online retailer that primarily sells furniture. On average, visitors spent around, The company also has a market cap of $8.65 billion, making it one of the worlds largest ecommerce companies. 10 8. For the 2021 fiscal year, the company reported consolidated revenues amounting to KRW 76.57 trillion. In the UK and Germany, raking in a total of 32.6 million visits from the region. In Latin America, the Americanas site is one of the most visited, with 129.6 million visits per month. Thats a 9.8% ($3.3 billion) growth, coming from sales recorded under the same period in 2020. In the US, Overstock had 37.9 million monthly visits. Paytm. Given its $50 billion turnover in 2020, India was recognized as one of the worlds largest markets for ecommerce. Given its size and presence in Latin America, the ecommerce company enjoys close to 684 million visits per month. 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. 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. In the 12-month period ending in the third quarter of 2021, its revenues reached $458 billion, a 31.62 percent year-over-year increase. This, in turn, enables the company to offer next-day and even same-day delivery for almost all of its orders. Tencent is a Chinese internet and tech company that publishes some of the worlds most popular video games. This is also not a definitive, long-standing list of the worlds top ecommerce companies. In 2021, the companys revenue was approximately $117 billion, compared to FY2020s $86 billion. But despite the meteoric rise of the ecommerce industry, not all ecommerce firms have enjoyed successes. for over a decade. It also has an expansive and highly efficient ecommerce fulfillment network that enables it to ship and handle millions of items. Its operating income also increased by 31% (EUR 1.9 billion). In. Alphabets influence also expands to retail, thanks to its collaboration with Walmart for voice searches with Google Assistant. RILs Reliance Retail is Indias largest retailer, based on revenue and number of stores. This makes up more than 77 percent of the total market value of the top ten ecommerce companies worldwide. * Prosus includes: OLX, PayU, iFood, Delivery Hero, Swiggy, Tencent, Mail.ru and other smaller e-commerce companies. While social media platforms 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. Its Monthly Recurring Revenue (MRR) for the same period was at $95.1 million, with a YoY growth of 67%. 15 E-commerce sales accounted for only 8% of Walmarts total sales in 2019. However, the South Korean electronics and appliance manufacturer commands sizable website traffic. Nykaa. The companys total gross profit was up 147.5% YoY at USD 1.0 billion. E-commerce contributed to 19.7% of the total retail sales worldwide in 2022, which was 18.8% in 2021. Its, Chewy is an ecommerce company dedicated to providing pet supplies. Direct-to-the-consumer or D2C trade, where businesses can sell directly to consumers, is expected to make waves in 2022. 12 10. Amazon.com 2. ebay.com: 3. Next to Amazon and Walmart, Target is one of the preferred online retailers of US consumers. However, the South Korean electronics and appliance manufacturer commands sizable website traffic. Coupang has. On average, visitors spend. March 2, 2023 9:26 am By Agency. Its gross merchandise value (GMV) increased by 23.9%, raking in a total of USD 7.3 billion, which is significantly higher compared to 2020s USD 5.9 billion. We previously ranked fifth place in 2020, and have retained certification for four consecutive years. 2-5: Walmart Vaults Ahead of eBay to No. With IP's eCommerce Secure Box customers get an On average, visitors spent around 9 minutes on the platform and visited 11.43 pages. To expand its ecommerce reach, the company has also adopted a buy now, pay later business model to attract users. Market cap of leading large cap e-commerce companies worldwide as of June 2022 (in billion U.S. dollars) [Graph]. Amazon is a popular name in the area of the e-commerce industry. In 2021, Wildberries had 154.5 million visits per month, with traffic from Europe accounting for an average of 149.9 million monthly visits. For businesses, the D2C model will enable them to earn more profit. 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. . For the 2021 fiscal year, the company, The site is immensely popular in Turkey, which accounts for 99% of visits. Furthermore, B2C ecommerce increased by 11%, while cross-border purchases jumped to 25% in 2019 alone. Otto runs in more than 20 countries worldwide. WebSheins annual revenue in 2021 exceeded USD 15.7 billion (up from $10 billion in 2020). sales grew by 12.7%, with digital comparable sales growing by 29%, on top of last years 155% growth. It focuses on connecting consumers with businesses that provide fresh produce, electronics, and household essentials. Build a list of eCommerce & D2C companies based on attributes made possible for the first Learn more about how Statista can support your business. currently has 25 million regular customers, with approximately 90 million monthly active users and around 90,000 users. Dollars). 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. Its rapidly growing in the US, with 45 million downloads. This shows a 48% YoY growth. Mercari is an online buy and sell platform thats one of the most popular online marketplaces in Japan, with 75.2 million visits per month. Singapores Sea Limited currently has a reported market cap of $90.63 billion. It had a quarterly revenue of $532 million on GMS. within a span of 3 minutes or less. Please do not hesitate to contact me. Below are some of the, trends that will impact ecommerce in 2022, Ecommerce is here to stay and its expected to become even bigger in the years to come. In Q3 2021, these same-day services increased to nearly 60%. Costco Wholesale Corporation: $237.76 billion, 10 Amazon Statistics You Need to Know [Infographic], 10 Ecommerce Trends That You Need to Know [Infographic], Ecommerce Roadmap: How To Start A Successful Ecommerce Business. Did you know? While other retailers faced disruptions in their supply chains and had issues with their inventories, Amazon enjoyed increased website traffic. , with the goal of supporting small businesses during the pandemic. What began as a startup in 1999 became one of the largest online marketplaces for home goods. increased by 13% ($25.6 billion), which exceeded figures predicted by some analysts. Craigslist: Top countries that visited Samsungs website include the US, Germany, India, the UK, and South Korea. every month from both mobile and desktop sources. For the first time, Switzerland leads the UNCTAD B2C E-commerce Index, just ahead of the Netherlands. Thats 111.4 million members when you consider Japans population of approximately 126 million individuals (2020). The companys. had an average of 190.2 million visits per month in 2021, worldwide. How Much Money Can You Make with eCommerce? Through its investments in these brands, the group aims to achieve annual revenues of 17 billion euros by 2023. This growth is attributed to the rise of internet and smartphone penetration in the country. Currently, the largest eCommerce company in the United States is Amazon, with revenues of $469.82billion in 2021. As of June 2021, it had 4.2 million unique active customers and an AOV of $359. Thats 111.4 million members when you consider Japans population of approximately 126 million individuals (2020). 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. Throughout the entire journey, their decisionsand consequently, the actions they make are influenced by a variety of offline and online factors. List of Ecommerce Trends in 2023. This shows a 48% YoY growth. In Poland, Allegro has 20 million customers who visit the sitethats approximately 80% of Polands internet users. Russian ecommerce platform Ozon, with a reported market cap of $4.61 billion, is one of the most visited online marketplaces in the world. Expect to see the continued growth of global B2B and B2C sales, including cross-border B2C ecommerce. 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. What sets Pinduoduo apart from other ecommerce platforms? Amazon.com is the world's biggest e-Commerce portal. A majority of the ecommerce companies on our list share the following common features, which help, Marketplace functionality thats geared toward third-party entities, enabling ecommerce companies to provide value-added services and a more comprehensive product range, Seamless ordering and shipping process, enabling greater convenience and better shopping experiences, Membership programs, which incentivizes consumer shopping behavior, Mobile-friendly interface, which allows consumers to access ecommerce websites from their mobile devices, Personalization, which enables ecommerce companies to showcase recommendations, offers, and experiences that are optimized for and relevant to their customers, Amazon dominates the industry as its revenue continues to grow year after year. 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. In recent years, The Home Depot embraced digital technology and has taken measures to improve its customers overall digital experience. BestBuy: 11. In Europe, it had 59.1 million visits per month in 2021. It is presently one of the largest e-commerce stores for fashion and lifestyle products in India for men, women, and kids. . European fashion ecommerce company Zalando had an average of 134.8 million visits per month in 2021. Thats a 9.8% ($3.3 billion) growth, coming from sales recorded under the same period in 2020. 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. 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. PinDuoDuo: 8. 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). In Germany, revenues increased by almost 9%. , its reported revenue is USD 1,389.53 million. Amazons US e-commerce sales are expected to increase by 15.3% year-over-year (y-o-y) in 2021 to reach $367.19 billion, helping the company cement its In the UK and Germany, raking in a total of 32.6 million visits from the region. 2016-2022 MARKINBLOG | All rights reserved. To use individual functions (e.g., mark statistics as favourites, set was $4.93 billion, showing an increase from 2020s $4.05 billion. Rakuten. WebMyntra is now owned by Walmart. The path to purchase no longer necessarily follows a linear, clear-cut path. Its GMV increased to 40% or $12.1 billion, bringing its 2nd quarter GMV to a total of $42.2 billion. The company provides services like Its current market cap is reported to be at $2.37 billion. 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. 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. 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. , a market value of $8,618 million, and 69,398 employees. Currently topping the list of top ecommerce companies is ecommerce giant Amazon. The 2021 fiscal year, the Americanas site is immensely popular in Turkey, which was 18.8 % 2021! 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