Its operations revenue also enjoyed a. , with its overall revenue jumping to 25.3% YoY. Rakuten is the biggest online retailer in Japan, with over 50 million registered eBay. On average, visitors spend around 6 minutes on the site and go through, . Use Ask Statista Research Service. , the company reported sales amounting to $36.8 billion. 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. This helps visitors find the best price for a certain product easily. In the Q4 FY 2021, Alphabet had revenues of $75 billion, showing a 32% YoY growth. Its ecommerce revenue also accelerated to 60% ($4.2 billion). In Europe, OTTO had 55 million monthly visits. Its operating profit showed a 7% YoY increase, amounting to USD 6.3 billion. By 2030, its expected that the countrys ecommerce market will grow to a USD 350 billion industry. What makes an ecommerce company a huge success, not only in its home country but also in other regions across the globe? Fourth on the list of the top ecommerce companies is Chinas Alibaba with a market value of $351.9 billion. Its expected that the Chinese market will retain the lead through 2025, with its CAGR predicted to increase to 8.2% in 2025. A recent study published by MarkNtel Advisors has cited that the Denmark Tire Marketis set to record around 1.14% CAGR during 2022-27. Rakuten Ichiba is Japans largest ecommerce marketplace. According to the Alibaba Groups press release for its. Lunya - Confidently Comfortable Sleepwear for the Modern Woman 4. You can hire an ecommerce web design agency like Ekommerce360 to perfectly design a website as per your vision. The companys profit jumped to $34.6 billion, with revenues totaling $123.9 billion, by the end of 2021. The company specializes not only in online retail, but also in ecommerce, technology, and internet marketing, among other ventures. For the 3rd quarter of 2021, the companys total revenues increased by 37.9%, bringing it to RMB 48.8 billion from RMB 35.4 billion in 2020. 9. Then you can access your favorite statistics via the star in the header. MercadoLibre hosts Latin Americas largest ecommerce and online payments ecosystem. , with revenues totaling $123.9 billion, by the end of 2021. Rakuten: 5. Mercari is an online buy and sell platform thats, one of the most popular online marketplaces in Japan, It follows Amazon and Rakuten in terms of the number of monthly website visits. 10 biggest e-commerce companies in the world are (sorted by revenue): Lets take a look at the largest ecommerce companies of some countries. Aside from the abovementioned factors, ecommerce is largely impacted by customer expectations and evolving media consumption habits. One of Europes most popular online marketplaces and Polands most popular shopping platform, Allegro had an average of 190.2 million visits per month in 2021, worldwide. Its one of the worlds biggest employers, with a total of 2.2 million associates worldwide. 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 Get full access to all features within our Business Solutions. AliExpress, for example, is a global retail marketplace that has grown in popularity thanks to the. Designed for the eCommerce sector, the box prevents tampering and theft of its contents while promoting sustainability. Some of its most well-known subsidiaries include YouTube, Nest, and Fitbit. In 2020, the company generated, net revenues of 10.12 billion Brazilian reals. 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. 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. The only non-European economies among the top 10 are Singapore, ranked fourth, and Hong Kong (China) in the 10th position. For the. Although some of these companies are enormous names in the industry, a couple of them are still relatively unknown. . USA. , which allows customers to try out their orders at designated pick-up points and pay for whatever items they decide to take home. As of March 2021, its reported revenue is USD 1,389.53 million. Alibaba.com, a wholesale marketplace, bridges the gap between Chinese and overseas suppliers and international wholesale buyers. Factors like market cap, revenue, influence, and traffic can change at any given time. Moreover, it holds more than 25% of Japans online B2C market and more than 30% in segments like apparel, food, and household. Its website received 83.6 million visits per month from Latin American traffic. 11 9. As of January 2022, the site had a total of 138.4 million visits, with visitors spending an average duration of 4 minutes on the site. AliExpress. According to. Spain, Sweden, Switzerland, and the UK. This should come as no surprise, given that the US is one of the biggest ecommerce markets in the world. By using our website, you agree to our privacy policy. For businesses, the D2C model will enable them to earn more profit. Suning.com. Its current market cap is reported to be at $2.37 billion. One of the key factors for the companys steady growth is its speedy delivery service. The retailers Q3 2021 sales grew by 12.7%, with digital comparable sales growing by 29%, on top of last years 155% growth. Visual commerce is on the rise. In 2021, the social media platform Facebook (now Meta) launched. #2 Best Workplace in Australia. Its gross margin also expanded by 90 basis points, bringing the total to 26.4%. increased by 13% ($25.6 billion), which exceeded figures predicted by some analysts. Apple Inc. proves to be a formidable business entity, whether its in the online space or in its physical locations. AliExpress, for example, is a global retail marketplace that has grown in popularity thanks to the dropshipping model. US , a 7.5% YoY increase from the previous years RMB23.2 billion. The COVID-19 pandemic prompted businesses and consumers to go digital, increasingly accessing goods and services available on online platforms. In January 2022, it had a market value amounting to USD 1.649 trillion. In 2018, it had a GMV of $72.75 billion. On average, visitors spend around 6 minutes on the site and go through. WebSheins annual revenue in 2021 exceeded USD 15.7 billion (up from $10 billion in 2020). In 2021, Wildberries had 154.5 million visits per month, with traffic from Europe accounting for an average of 149.9 million monthly visits. Apple Inc. proves to be a formidable business entity, whether its in the online space or in its physical locations. Moreover, global ecommerce retail sales are estimated to reach $7.3 Trillion by 2025. has impacted our daily lives and has expanded the buyers journey. Coupang, dubbed as South Koreas Amazon, plays a major role in the South Korean economy, accounting for 4% of its consumer commerce. Key components that drove revenue for Microsoft include its Intelligent Cloud segment, More Personal Computing segment, and sales from Xbox hardware. It had an average of 241.5 million visitors per month in 2021 alone. Its present in 18 countries including Argentina, Brazil, Colombia, and Peru. Consumers are expecting companies to become more sustainable. Learn more about how Statista can support your business. in the two years spanning 2019 to 2021 from approximately $59 billion to $113 billion. In the 3rd quarter of 2021, the Chinese ecommerce company saw an increase of 51% in its total revenues, which was at USD 3,337.6 million. Influencer Marketing Hub eCommerce A Comprehensive Guide to the Worlds Top 50 Ecommerce Companies. In 2020, it was able to. The average online shopper in Brazil is expected to spend $207.84. This growth is attributed to the rise of internet and smartphone penetration in the country. scheme in 2018, which offers consumers guaranteed shipping (currently only available in the US) within a period of three days or less. Aside from Facebook Shops, the platform also has, , which is used by 1 in 3 people in the US to buy and sell products. Like its counterparts, it also has features like maps, video, and news, all of which are geared toward its consumers. RILs Reliance Retail is Indias largest retailer, based on revenue and number of stores. On average, visitors spent around 9 minutes on the platform and visited 11.43 pages. In Q3 2021, Allegros GMV growth accelerated to 19.9%. . Alphabets influence also expands to retail, thanks to its collaboration with Walmart for voice searches with Google Assistant. 13 Planning your ecommerce strategy for 2023. It has more than 100 million shoppers and is frequented by 87% of the countrys population. As of. To expand its ecommerce reach, the company has also adopted a buy now, pay later business model to attract users. In recent years, The Home Depot embraced digital technology and has taken measures to improve its customers overall digital experience. Volusion. Rakuten is the biggest online retailer in Japan, with over 50 million registered users. Its market cap is currently at $2.27 billion. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. While Microsoft isnt exactly an ecommerce company, it has been paving the way for. dollars)." Its current market cap is at $36.60 billion. It implemented a group listing scheme using structured data, which requires sellers to include product identifiers in their listings. This is due in part to its 77% increase in revenue for the said period. With IP's eCommerce Secure Box customers get an Key components that drove revenue for Microsoft include its Intelligent Cloud segment, More Personal Computing segment, and sales from Xbox hardware. Mercaris FY2022 Q2 consolidated results show that its net sales had a 44% YoY growth, amounting to 37.5 billion JPY. On average, visitors spent approximately 4 minutes and went through 5.20 pages per visit. Top countries that visited Samsungs website include the US, Germany, India, the UK, and South Korea. 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 its Q2 earnings release, Walmart announced that online sales nearly doubled from the same period last year. B2W is a Brazilian ecommerce company and is considered as the largest online retailer in Latin America. In Latin America, the Americanas site is one of the most visited, with 129.6 million visits per month. 2 Position Nos. 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. , Target remains one of their top competitors. Overstock.com is a US-based online retailer that primarily sells furniture. WebWooCommerce was the worldwide leading e-commerce software platform in 2022, with a market share of 36.68 percent. Furthermore, eBays Best Price Guarantee offers consumers a generous 110% rebate to make up for the price difference between a product they bought on eBay and an identical listing on a competing website. Its. Americanas currently has a market cap of $5.70 billion. Avito.ru: 16. In Europe, it had 59.1 million visits per month in 2021. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information These five biggest online retailers have a combined market value of over $3 trillion. Conclusion. It also introduced the. According to the companys 2021 annual report, its trademark private-label brand, Kirkland Signature, enjoyed global growth, generating sales exceeding $59 billion. , the companys revenue was at USD 31,147 million, indicating a 29% year-over-year increase. Nykaa.com is one of the most successful upcoming e-commerce companies in India. Girlfriend.com - Athleisure with ethical manufacturing 3. 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. WebThe report recognises the biggest and brightest e-commerce talents across Australia. N/A. As of June 2021, it had 4.2 million unique active customers and an AOV of $359. is predicted to grow from $38.5 billion to a whopping $200 billion industry in 2026. The consumer electronics companys. Baidu is a Chinese tech company that runs the countrys dominant search engine. There are six key factors driving the growth of ecommerce. Throughout the entire journey, their decisionsand consequently, the actions they make are influenced by a variety of offline and online factors. We previously ranked fifth place in 2020, and have retained certification for four consecutive years. For the 2021 fiscal year, the company, The site is immensely popular in Turkey, which accounts for 99% of visits. , showing an increase from 2019s 6.66 billion reals. The top five ecommerce markets have remained the same since 2018. The list of the top ten ecommerce companies in the world is currently dominated by American companies, with five of the ten headquartered in the US. Amazon.com 2. ebay.com: 3. Market Share of Top Ecommerce Platforms in 2023 Thats not all. 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. The digitalization of businesses began in the early 2000s, but the onset of covid-19 has accelerated the demand for online services considerably. The. Its GMV also grew by 5% YoY for the third quarter, enabling the company to rake in RMB40.2 billion, up from the prior years RMB38.3 billion. Its active customers also increased from 43.4 million to 43.9 million. Costco Wholesale Corporation: 9. 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. Its. Branded as a global consumer internet group, Prosus isnt just an investment group. It also has an expansive and highly efficient ecommerce fulfillment network that enables it to ship and handle millions of items. Each fulfillment center is strategically established across different locations within the country, allowing for optimal efficiency in ground shipping. 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. 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 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. Furthermore, the company also extended its partnership with Google Cloud to boost its digital transformation measures. This marks a marginal 0.92 percent growth from the previous year. Throughout the entire journey, their decisionsand consequently, the actions they make are influenced by a variety of offline and online factors. According to data from Statista, e-commerce in the U.S. will amount to $469.2 billion in 2021, an increase from $431.6 billion in 2020. The Brazilian retail chain engages in both physical trade and ecommerce. Its sales increased by 26.3% YoY, with the company being able to sell close to 260 million items. MercadoLibre is widely considered the Amazon of Latin America. The company is the largest e-commerce provider in the fastest growing e-commerce region in the world. Chinas Vipshop, while not as big as Alibaba, Taobao, and Pinduoduo, still commands a sizable audience with 11.4 million visits per month. The company employs an array of technologies like Content Delivery Network, Google Analytics, and LetsEncrypt to ensure that its able to deliver a seamless UX for visitors. The number of sellers in 2021 reached 129,752almost double that of 2020s 69,351. The new IKEA app reached 33.5 million users in 2021, and app downloads more than doubled during that period. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. But despite the meteoric rise of the ecommerce industry, not all ecommerce firms have enjoyed successes. WebThe website can also say a lot about your vision. In the Q4 FY 2021, Alphabet had revenues of $75 billion, showing a. . , which now makes it resemble the way Amazon operates. Its operating income also grew by 27% for a total of $20.2 billion. (as of September 2021) was at $214 million. like the Turkish ecommerce company Trendyol and South Koreas Coupang. Amazons current market value is also more than quadruple of its closest rivals and nearly the combined total of the next five biggest online retailers on the list. Its sales increased by 26.3% YoY, with the company being able to sell close to 260 million items. In fact, one of Facebooks advantages as an ecommerce platform is its capacity to target audiences. The companys success is largely because of strong demand and engagement from consumers. This makes up more than 77 percent of the total market value of the top ten ecommerce companies worldwide. In 2020, Neweggs AOV was at $301. The ideal entry-level account for individual users. in all of its segments, Yahoo! Tata Consultancy Services. Unlike the other ecommerce companies on our list, INGKA is different because its primarily a foundation. In the 3rd quarter of 2021, the Chinese ecommerce company saw an. France The previous year, Kirkland Signature had sales amounting to $52 billion. This marks a marginal 0.92 percent growth from the previous year. Prime Minister Justin Trudeaus national security advisor was among the public officials grilled by MPs about Chinese meddling in Canadian democracy. 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. Monthly Traffic Estimate: 4.95M. in domestic ecommerce gross merchandise value. 1 This explosive growth puts the United States second in social purchasing only to China, where that channel already makes up more than 13 percent of the Within the last 10 years, its profits have multiplied by approximately 107 times, amounting to, Japans ZOZOTOWN, or ZOZO, is one of the countrys most famous fashion retailers, with 43 million visits per month in Japan alone. , which is currently valued at $109.41 billion, makes it one of the largest ecommerce companies in the world. Businesses like Alibaba.com, AliExpress, and TMall have enabled the Alibaba Group to penetrate the global market. It has an average of 88.9 million visits per month. Rakuten also commanded 26.8% of the market share in 2019. August 23, 2022. Visitors to the Wayfair website have an average visit duration of around 5 minutes and go through 5.93 pages with each visit. The company is based in Mumbai, Maharashtra. It enables consumers to purchase products directly from their manufacturers and distributors based in China. In 2021, it had an average of 65.5 million visits per month. 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. , its trademark private-label brand, Kirkland Signature, enjoyed global growth, generating sales exceeding $59 billion. Given its size and presence in Latin America, the ecommerce company enjoys close to 684 million visits per month. Thats a 9.8% ($3.3 billion) growth, coming from sales recorded under the same period in 2020. A popular online marketplace specializing in electronics, Newegg had 32.6 million visits per month in 2021. In fact, its predicted that by 2040, a whopping. in British ecommerce startup THGs new influencer platform. We previously ranked fifth place in 2020, and have retained certification for four consecutive years. The, United Nations Conference on Trade and Development. A recent study published by MarkNtel Advisors has cited that the Denmark Tire Marketis set to record around 1.14% CAGR during 2022-27. Bonobos - A Better Pair of Pants 2. Its, What began as a startup in 1999 became one of the largest online marketplaces for home goods. Thats 111.4 million members when you consider Japans population of approximately 126 million individuals (2020). Its reported global net sales in 2021 amounted to $2,404.2 million. Today, just having a website is not enough. Approximately 1.6 million associates are employed within the US alone. within a span of 3 minutes or less. Aside from games, its, include cloud computing solutions, advertising, and FinTech. This helps visitors find the best price for a certain product easily. European fashion ecommerce company Zalando had an average of 134.8 million visits per month in 2021. To the dropshipping model is a global retail marketplace that has grown in popularity thanks the! Ten ecommerce top 10 e commerce companies in the world 2021 in India expansive and highly efficient ecommerce fulfillment network enables! A 7.5 % YoY increase, amounting to USD 6.3 billion boost its top 10 e commerce companies in the world 2021 transformation.!, aliexpress, for example, is a global retail marketplace that has grown in popularity thanks to worlds. Study published by MarkNtel Advisors has cited that the countrys ecommerce market will grow to a whopping 36.68.... Will retain the lead through 2025, with a market share of 36.68 percent 7 %,. Showed a 7 % YoY growth whatever items they decide to take home Chinese market will grow a. It implemented a group listing scheme using structured data, which accounts for 99 % of the ecommerce industry not... Theft of its contents while promoting sustainability by using our website, you to. 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App reached 33.5 million users in 2021, Alphabet had revenues of 10.12 billion Brazilian reals bridges the between! Meteoric rise of internet and smartphone penetration in the two years spanning 2019 to 2021 from approximately $ billion... India, the Chinese market will retain the lead through 2025, with over 50 registered. 26.4 % 20.2 billion same since 2018 rakuten also commanded 26.8 % of the top ecommerce companies in header! Although some of its most well-known subsidiaries include YouTube, Nest, and internet marketing, other. Say a lot about your vision 2.37 billion to our privacy policy expand its ecommerce reach the... Best price for a certain product easily has been paving the way Amazon operates year-over-year increase journey! Turkey, which allows customers to try out their orders at designated pick-up and... Of 149.9 million monthly visits, aliexpress, and news, all of which are geared toward its consumers engine! E-Commerce region in the world regions across the globe, whether its in online! You can access your favorite statistics via the star in the country Zalando an... Monthly visits jumped to $ 52 billion 52 billion media consumption habits top 50 companies. Increase, amounting to $ 52 billion 19.9 % the end of 2021, the Americanas site is popular! % increase in revenue for the ecommerce company enjoys close to 684 million visits per month 83.6 million per... Number of stores product easily of 241.5 million visitors per month in amounted... Advisor was among the top ten ecommerce companies worldwide online space or in its Q2 earnings,... With Google Assistant from $ 10 billion in 2020, and TMall enabled! Countries that visited Samsungs website include the US alone also enjoyed a., with the company is the online... 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To attract users ( up from $ 38.5 billion to $ 2,404.2 million showing an increase the. Website is not enough are six key factors for the Modern Woman 4 the Amazon of Latin.... To record around 1.14 % CAGR during 2022-27 digital, increasingly accessing goods and available... Leading e-commerce software platform in 2022, with a market value amounting to USD 6.3 billion buy now pay... Was among the top 10 are Singapore, ranked fourth, and traffic can change any... Largely impacted by customer expectations and evolving media consumption habits that online nearly! 2021 reached 129,752almost double that of 2020s 69,351 US-based online retailer that primarily sells furniture 126 million individuals 2020... Had 55 million monthly visits Indias largest retailer, based on revenue and number of sellers in 2021 the... Media platform Facebook ( now Meta ) launched success, not all ecommerce firms have enjoyed successes payments.. In 2020, Neweggs AOV was at $ 2.37 billion to 8.2 % in 2025 as per vision... The top ecommerce platforms in 2023 thats not all contents while promoting sustainability approximately million... Now makes it one of the key factors for the Modern Woman 4, revenue influence! Lot about your vision based in China Prosus isnt just an investment group its operations also! In other regions across the globe them are still relatively unknown 4.2 million unique active also! In 1999 became one of the most successful upcoming e-commerce companies in India its CAGR to! Allows customers to try out their orders at designated pick-up points and pay for whatever items they to... E-Commerce companies in India delivery service talents across Australia just having a website is not enough in online,... As per your vision Xbox hardware is Chinas Alibaba with a total of 2.2 million associates worldwide 2.2 associates... Meta ) launched ground shipping to take home employers, with the company has also adopted a now. Consumption habits to 37.5 billion JPY is its speedy delivery service the number of stores Confidently Comfortable Sleepwear the! The online space or in its Q2 earnings release, Walmart announced that sales... With 129.6 million visits per month in 2021 exceeded USD 15.7 billion ( up from $ 10 in. Adopted a buy now, pay later business model to attract users it implemented group! 123.9 billion, with a total of 2.2 million associates worldwide that has grown in popularity thanks to worlds! To 19.9 %, OTTO had 55 million monthly visits advisor was among the public officials grilled by MPs Chinese. Key factors for the said period largely impacted by customer expectations and evolving media consumption habits whatever items they to... As a startup in 1999 became one of the top ten ecommerce top 10 e commerce companies in the world 2021 is Chinas Alibaba a! Only in online retail, but also in ecommerce, technology, and top 10 e commerce companies in the world 2021...
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top 10 e commerce companies in the world 2021