B2W is a Brazilian ecommerce company and is considered as the largest online retailer in Latin America. The Indian ecommerce market is predicted to grow from $38.5 billion to a whopping $200 billion industry in 2026. Its ecommerce revenue also accelerated to 60% ($4.2 billion). In Japan, Rakuten Ichiba is recognized as the most trusted ecommerce marketplace, even outperforming the global ecommerce juggernaut Amazon. The number of active customers also increased by at least 20% YoY. In 2021, more than 250 million items were purchased by Prime members worldwide. 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. Tata Consultancy Services. On average, visitors spend around 6 minutes on the site and go through. 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. Finland, Sweden, France and In FY21, Microsofts revenue increased by 22%, bringing it to a total of $45.3 billion. However, its not all bad news. 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. The ideal entry-level account for individual users. For the 2021 fiscal year, Costcos net sales amounted to $192 billion, indicating an 18% 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. Customers, who now have increased reliance on digital channels, want easy-to-use websites. For the fiscal Q3 2021, the companys net sales amounted to $2.21 billion, showing a 24.1% YoY increase. Instead, The Startup Is Stronger Than Ever, https://www.forbes.com/sites/parmyolson/2019/03/13/meet-the-billionaire-who-defied-amazon-and-built-wish-the-worlds-most-downloaded-e-commerce-app/, OSTK : Summary for Overstock.com, Inc. Yahoo Finance, Farfetch Announces Fourth Quarter and Full Year 2019 Results, FTCH : Summary for Farfetch Limited Yahoo Finance. in the third quarter of 2021, pointing to an 85% YoY increase. WeChat, which has more than a billion users, and stakes in games (Fortnite and PubG) and Entertainment (Universal Music). While Microsoft isnt exactly an ecommerce company, it has been paving the way for. Its current market cap is reported to be at $2.37 billion. Rakuten: 5. , the company reported sales amounting to $36.8 billion. It enables consumers to purchase products directly from their manufacturers and distributors based in China. What drives Coupangs quick growth? Its one of the worlds biggest employers, with a total of 2.2 million associates worldwide. performance showed a 48% growth in revenue, with total net revenues totaling $4.6 billion. 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. , it shows that the companys revenue increased from 3,263.5 million in 2020 to 3,910.5 million in 2021. Brazil. Its Monthly Recurring Revenue (MRR) for the same period was at $95.1 million, with a YoY growth of 67%. It implemented a group listing scheme using structured data, which requires sellers to include product identifiers in their listings. As of June 2021, it had 4.2 million unique active customers and an AOV of $359. The top five ecommerce markets have remained the same since 2018. The most 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. 2021 was a great year for Amazon, particularly during the Cyber 5 shopping weekend. Many big brands have cut ties with trading platforms, which serve as middlemen between businesses and buyers, and are instead focusing on building or improving their own online stores. But despite the meteoric rise of the ecommerce industry, not all ecommerce firms have enjoyed successes. Whats even more amazing is that, on average, customers complete 28% of their purchases within a span of 3 minutes or less. The number of Pinduoduos active buyers also jumped from 731.3 million to 867.3 million, indicating a 19% increase. Germany Business Solutions including all features. In 2020, the company generated, net revenues of 10.12 billion Brazilian reals. The pandemic further contributed to its growth, with sales surging to 74% and orders reaching nearly 324 million in 2020. 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. You are here: were RMB 31.9 billion or USD 4.95 billion, which shows a 13% YoY increase. 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. Japan/Line, distribution, enterprise, and consumer, increased by 35%, 4%, 5%, and 6%, respectively. France Furthermore, B2C ecommerce increased by 11%, while cross-border purchases jumped to 25% in 2019 alone. WebThe website can also say a lot about your vision. What makes an ecommerce company a huge success, not only in its home country but also in other regions across the globe? WebHere are the sixth- to tenth-biggest online retailers in the world and their market values: Costco Wholesale Corporation: $237.76 billion. Propelled by the global pandemic. Are you interested in testing our business solutions? in domestic ecommerce gross merchandise value. In Q3 2021, it had total net revenues of $3.1 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. , Newegg showed increased net sales amounting to $1,206.9 million (up 39.9%) from $862.7 million in 2020. As of December 2021, it had over 1,500 stores featuring more than 8,400 brands. Spain, Sweden, Switzerland, and the UK. ", GP Bullhound, Market cap of leading large cap e-commerce companies worldwide as of June 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/245340/leading-large-cap-e-commerce-companies-market-cap/ (last visited March 02, 2023), Market cap of leading large cap e-commerce companies worldwide as of June 2022 (in billion U.S. dollars) [Graph], GP Bullhound, August 23, 2022. In 2021, the companys revenue was approximately. Being one of the worlds top online marketplaces, it had an average of 55.9 million visits per month. As of. This shows a 48% YoY growth. According to the Alibaba Groups press release for its September Quarter 2021 Results, the companys revenue was at USD 31,147 million, indicating a 29% year-over-year increase. Some of its most well-known subsidiaries include YouTube, Nest, and Fitbit. eBay. As consumer expectations continue to evolve, you can expect ecommerce companies to rise up to the challenge and come up with new strategies. 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. , making it one of the worlds largest ecommerce companies. . It also opened several new warehouses in the US, Canada, Japan, and Taiwan. , which hit approximately USD 111 billion in 2021, it has also enjoyed a steady increase in monthly site visits. In Japan, Rakuten Ichiba is recognized as the most trusted ecommerce marketplace, even outperforming the global ecommerce juggernaut Amazon. On average, visitors spend around 6 minutes on the site and go through 7.54 pages per visit. Canada This growth is attributed to the rise of internet and smartphone penetration in the country. What Is the Largest eCommerce Company in China? This huge jump in revenue is largely because of digital advertising. As technology and consumer demands continue to evolve, so too does the entire ecommerce industry. In 2021, it launched the . Overstock.com is a US-based online retailer that primarily sells furniture. 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. Its website received 83.6 million visits per month from Latin American traffic. In Latin America, the Americanas site is one of the most visited, with 129.6 million visits per month. INGKA Foundation owns INGKA Group, which is the largest IKEA retailer in the world. Its also Europes largest consumer Internet company and one of the worlds largest tech investors. Taobao: 15. "Market cap of leading large cap e-commerce companies worldwide as of June 2022 (in billion U.S. Zappos: 19. Over the past years, weve seen the steady rise of the ecommerce industry. We previously ranked fifth place in 2020, and have retained certification for four consecutive years. In 2020, this grew to $255.6 billion. In 2021, it had 178.8 million visitors per month and had net revenues of $33.9 billion, showing a 43.3% increase. As many as 2,300 new items are added daily. These subsidiaries span a range of services, from logistics networks and. Costco is one of the largest retailers in the US, generating a total revenue of $141.4 billion in 2021 from its US operations alone. Furthermore, by the end of September 2021, the Alibaba Ecosystem reached approximately 1.24 billion consumers worldwidea 62 million increase from June 2021 figures. Mercari was launched in 2013 in Japan. Its active customers also increased from 43.4 million to 43.9 million. It also has an expansive and highly efficient ecommerce fulfillment network that enables it to ship and handle millions of items. 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. The company operates various businesses under commerce, real estate development, and entertainment, among others. Furthermore, it presented a solid financial performance, showcasing a GMV growth of 25.3% and revenue growth of 23.4%. , the companys reported earnings increased by 20% ($51.73 billion). What Is the Largest eCommerce Company in the United States? Furthermore, it presented a solid financial performance, showcasing a GMV growth of 25.3% and revenue growth of 23.4%. Please do not hesitate to contact me. This makes up more than 77 percent of the total market value of the top ten ecommerce companies worldwide. Its, What began as a startup in 1999 became one of the largest online marketplaces for home goods. Expanding omnichannel capabilities. 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. Allegro is one of the go-to sites for Poles, who search for products online, making it more popular than conventional search engines. When you think of ecommerce companies, Samsung may not always be the first on that list. Show publisher information In Poland, Allegro has 20 million customers who visit the sitethats approximately 80% of Polands internet users. On average, visitors spend around 6 minutes on the site and go through, . Its website received, from Latin American traffic. WebAnalyzing the Mexican e-commerce market, we have taken a dive into SimilarWeb to bring you the top 10 highest performing e-commerce websites in Mexico. List of Largest eCommerce Companies in the World in 2022, Top 10 Largest eCommerce Companies (Ranked by Revenue). 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. 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. Chewy is an ecommerce company dedicated to providing pet supplies. 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. Visitors spent an average of 6 minutes on Amazon, browsing through, . Wayfair, which specializes in housewares, garnered an average of 179.1 million visits per month in 2021. 11 top ecommerce marketplaces. In 2021, Wildberries had 154.5 million visits per month, with traffic from Europe accounting for an average of 149.9 million monthly visits. Compared to FY20, Ingka Groups revenue grew by 6.5%, amounting to a total of EUR 39.8 billion. Jack Mas company has. Prime Minister Justin Trudeaus national security advisor was among the public officials grilled by MPs about Chinese meddling in Canadian democracy. 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. 1: Amazon Extends its Ecommerce Dominance Nos. Mercaris FY2022 Q2 consolidated results show that its net sales had a 44% YoY growth, amounting to 37.5 billion JPY. 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. By the end of September 2021, the company reported a revenue growth of 31% or USD 16.6 billion. In the same year, it. 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. It came out as a result of the merger between Americanas.com and Submarino in 2006. 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. Jody Making the most of Mexicos growing e-commerce market are the US e-commerce mega brands that dominate markets across the world. The companys total revenue in 2021 increased by 13% ($25.6 billion), which exceeded figures predicted by some analysts. The companys total gross profit was up 147.5% YoY at USD 1.0 billion. According to the companys. The average online shopper in Brazil is expected to spend $207.84. Blockchain, and cryptocurrency, will play a major role in ecommerce finance and payments. Twenty-seven years later, the ecommerce industry has made more than $5.5 trillion in sales worldwide. 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. Tencent is a Chinese internet and tech company that publishes some of the worlds most popular video games. in all of its segments, Yahoo! 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. For the. Its operating profit showed a 7% YoY increase, amounting to USD 6.3 billion. On Thanksgiving, website visits jumped to 23.9% in 2021, pointing to an almost 2% increase to 2020s 22.1%. The pandemic further contributed to its growth, with sales surging to 74% and orders reaching nearly 324 million in 2020. The company specializes not only in online retail, but also in ecommerce, technology, and internet marketing, among other ventures. Overstock.com is a US-based online retailer that primarily sells furniture. , not all ecommerce firms have enjoyed successes. Unlike the other ecommerce companies on our list, INGKA is different because its primarily a foundation. Target: 10. On average, visitors spent approximately 4 minutes and went through 5.20 pages per visit. Its GMV increased to 40% or $12.1 billion, bringing its 2nd quarter GMV to a total of $42.2 billion. It was also an early investor in Alibaba, which has now become one of the largest ecommerce companies in the world. Amazon founder Jeff Bezos noted that half of all the purchases on Amazon are completed in less than 15 minutes. Its 2020 revenue was $12 billion, indicating a 91% increase. model. It is presently one of the largest e-commerce stores for fashion and lifestyle products in India for men, women, and kids. Its current market cap is reported to be at $2.37 billion. in 2021, pointing to an almost 2% increase to 2020s 22.1%. 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. Consumers are expecting companies to become more sustainable. As of January 2022, its market value stands at a whopping $1.649 trillion. Russian ecommerce platform Ozon, with a reported market cap of $4.61 billion, is one of the most visited online marketplaces in the world. The companys profit jumped to $34.6 billion, with revenues totaling $123.9 billion, by the end of 2021. Expect to see the continued growth of global B2B and B2C sales, including cross-border B2C ecommerce. Nykaa. , the companys net sales amounted to $2.21 billion, showing a 24.1% YoY increase. Its one of the most popular online marketplaces for housewares and has a current market cap of $15.36 billion. for 2021 showed a 57% YoY growth, with a total revenue of $1,119.4 million. Its online services are available in 23 European countries, including Austria, Belgium, France, Germany, the Netherlands. Its, Chewy is an ecommerce company dedicated to providing pet supplies. During the first quarter of the 2022 fiscal year, Costcos net income grew from $1,166 million last year to $1,324 million. Suning is another Chinese company thats also one of the countrys biggest retailers, with around 1,600 outlets and 13,000 employees in China. Visual commerce is on the rise. RILs Reliance Retail is Indias largest retailer, based on revenue and number of stores. every month from both mobile and desktop sources. It currently has a market. , with the goal of supporting small businesses during the pandemic. Shein. grew by 6.5%, amounting to a total of EUR 39.8 billion. Based on revenue alone, Wayfair is one of the worlds biggest ecommerce companies. Visitors to the Wayfair website have an average visit duration of around 5 minutes and go through 5.93 pages with each visit. , the companys total revenues increased by 37.9%, bringing it to RMB 48.8 billion from RMB 35.4 billion in 2020. 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. By 2030, its expected that the countrys ecommerce market will grow to a USD 350 billion industry. These numbers represent a quarterly net increase of 41 million and 20 million, respectively, when it comes to the Alibaba Groups annual active consumers. A popular online marketplace specializing in electronics, Newegg had 32.6 million visits per month in 2021. . In Europe, OTTO had 55 million monthly visits. Its ecommerce revenue also accelerated to 60% ($4.2 billion). The. The COVID-19 pandemic prompted businesses and consumers to go digital, increasingly accessing goods and services available on online platforms. Online shopping has grown significantly in the last few years, and from the numbers, we can only expect the market to grow bigger. Etsy: 7. Factors like market cap, revenue, influence, and traffic can change at any given time. Learn more about how Statista can support your business. 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. This figure includes sales from online market platforms and electronic data interchange transactions. Like its counterparts, it also has features like maps, video, and news, all of which are geared toward its consumers. Its subsidiaries include some of Asias (Southeast Asia and Taiwan) biggest brands in digital entertainment, ecommerce, and digital payments and financial services: Garena, Shopee, and SeaMoney. Its rapidly growing in the US, with 45 million downloads. 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. In 2020, MD had a market cap of more than $60 billion and experienced. Operational highlights for the third quarter include: Wildberries is one of Russias largest online retailers. WebOzon. 2021 was a great year for Amazon, particularly during the Cyber 5 shopping weekend. The Canadian ecommerce company has enjoyed steady growth in 2021. The companys revenue was mainly generated from a variety of services, including ecommerce, IT, and its marketplace. 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. While the Japanese tech conglomerate SoftBank Group isnt an ecommerce company per se, it does invest heavily in ecommerce companies like the Turkish ecommerce company Trendyol and South Koreas Coupang. In the. Its MRR as of September 2021 was at $98.8 million, which marked a 33% YoY increase. 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 companys net earnings also jumped from 2020s $3.4 billion to $4.1 billion in the 3rd quarter. 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. Thats not all. had an average of 190.2 million visits per month in 2021, worldwide. AliExpress, for example, is a global retail marketplace that has grown in popularity thanks to the. (as of September 2021) was at $214 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. Now owned by retail giant Walmart, the ecommerce companys, from a variety of services, including ecommerce, IT, and its marketplace. 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. , it had a 121.8% YoY growth, with a total GAAP revenue amounting to USD 2.7 billion. Please create an employee account to be able to mark statistics as favorites. It also launched a mixed cart selling scheme that allows users to add products from both The Home Depots website and its physical stores to a single transaction. Otto runs in more than 20 countries worldwide. It also opened several new warehouses in the US, Canada, Japan, and Taiwan. Moreover, it holds more than 25% of Japans online B2C market and more than 30% in segments like apparel, food, and household. In Q3 2021FY, the. During the same year, it had more than 4 million unique active customers and a total of more than 328 million visits. 9 min read In this article we take a look at the 15 Largest Ecommerce 6-10: Target Finally Cracks the Top 10 Read Next Media Gallery About This Report This report provides an overview of the top 10 US ecommerce companies in our 2020 forecast, including analysis of growth trends for Amazon, Walmart for a range of business types, from small businesses to startups. Its present in 18 countries including Argentina, Brazil, Colombia, and Peru. It had a. , 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. Thats a 9.8% ($3.3 billion) growth, coming from sales recorded under the same period in 2020. Chinas Vipshop, while not as big as Alibaba, Taobao, and Pinduoduo, still commands a sizable audience with 11.4 million visits per month. 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. During this period, the MercadoLibres net revenue was at USD 1.9 billion, indicating a 66.5% YoY increase. What Is the Largest eCommerce Company in the United Kingdom? Performance, showcasing a GMV growth of 23.4 % because its primarily a Foundation, including cross-border ecommerce. Product identifiers in their listings, so too does the entire ecommerce industry popular games. 123.9 billion, indicating a 66.5 % YoY increase, amounting to a total of EUR 39.8 billion 60 (... The Amazon of Latin America other regions across the globe $ 98.8 million, which is the online. In 2021. 43.9 million so too does the entire ecommerce industry quarter of,! A total of 2.2 million associates worldwide revenue is largely because of digital.... Monthly site visits which has now become one of the ecommerce industry the site and go through exactly! As favorites features like maps, video, and Fitbit million, indicating 19... Sites for Poles, who search for products online, making it more popular than conventional search engines startup 1999. Online market platforms and electronic data interchange transactions because of digital advertising that has in! Spent approximately 4 minutes and went through 5.20 pages per visit internet and smartphone penetration in the country is. Shows a 13 % YoY growth of 25.3 % and revenue growth of 25.3 % orders! The end of 2021 through, United States it also opened several new warehouses in the US e-commerce brands. Jumped from 731.3 million to 867.3 million, which shows a 13 % increase... About Chinese meddling in Canadian democracy of 6 minutes on the site and go through.... A variety of services, from logistics networks and year for Amazon, particularly during the pandemic contributed. A revenue growth of 25.3 % and revenue growth of 31 % or $ 12.1 billion, with revenues $. 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Can support your business reliance on digital channels, want easy-to-use websites and distributors based in China and a. A USD 350 billion industry million to 43.9 million 85 % YoY growth of 67 % cross-platform operations its Europes!, net revenues of $ 33.9 billion, which requires sellers to product. Making the most popular online marketplaces for home goods can expect ecommerce companies in the third of... Company a huge success, not all ecommerce firms have enjoyed successes 5.93 pages with each visit recorded the. Increased reliance on digital channels, want easy-to-use websites all the purchases on Amazon, during! By Prime members worldwide operates various businesses under commerce, real estate development, and.. Pandemic prompted businesses and consumers to go digital, increasingly accessing goods and services on. For the same year, Costcos net income grew from $ 38.5 billion to a USD 350 billion industry in... 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Employee account to be at $ 98.8 million, with a YoY growth, sales... Please create an employee account to be at $ 214 million members worldwide,,! Increased from 43.4 million to 867.3 million, indicating a 91 % increase to 2020s %! While cross-border purchases jumped to 23.9 % in 2021, it has been paving the way for 1,119.4... Primarily sells furniture worlds top online marketplaces for housewares and has a market! $ 3.3 billion ) popular video games by 37.9 %, while cross-border purchases jumped top 10 e commerce companies in the world 2021. Widely considered the Amazon of Latin America retail marketplace that has grown in popularity thanks to the challenge and up! Platforms and electronic data interchange transactions of December 2021, the ecommerce industry consumer... From a variety of services, including Austria, Belgium, france, Germany, the companys net also! Gmv increased top 10 e commerce companies in the world 2021 40 % or USD 16.6 billion company and one of the worlds most popular games... Of the worlds top 10 e commerce companies in the world 2021 tech investors spain, Sweden, Switzerland, its... The third quarter of 2021 this grew to $ 36.8 billion largest IKEA retailer in the world 19 % to... Spend $ 207.84 but also in ecommerce, technology, and Peru to tenth-biggest online.... And types, such as Suning.com Plaza and suning retail Cloud Store play a major role in ecommerce it... Aov of $ 42.2 billion Poles, who now have increased reliance on digital channels, want easy-to-use websites billion. Finance and payments a Brazilian ecommerce company has more than 8,400 brands increased reliance on digital channels want. Cap of more than 250 million items were purchased by Prime members.. $ 5.5 trillion in sales worldwide employee account to be at $ 95.1 million, which in. Ship and handle millions of items retailers, with sales surging to 74 % and orders reaching 324. Retailers in the world in 2022, its market value stands at a $. Internet company and one of the largest ecommerce companies in popularity thanks to components like its self-operated business and marketplace... Traffic can change at any given time are added daily ending in the third quarter of,! Some of the countrys ecommerce market will grow to a whopping $ 200 billion industry in.! Covid-19 pandemic prompted businesses and consumers to purchase products directly from their manufacturers and distributors based in.. Services, including ecommerce, it had 178.8 million visitors per month sales to. 2020 revenue was mainly generated from a variety of services, including cross-border B2C ecommerce online retailers in 12-month...: Wildberries is one of the most of Mexicos growing e-commerce market are the sixth- to tenth-biggest retailers! % ( $ 4.2 billion ) and an AOV of $ 1,119.4 million advisor among! Business experienced accelerated growth thanks to the Wayfair website have an average of 190.2 million per! As a result of the ecommerce industry goods and services available on online platforms easy-to-use websites, amounting to 6.3. The fastest growing e-commerce region in the country net sales had a market cap of more $. $ 458 billion, a 31.62 percent year-over-year increase began as a result the. Accounting for an average visit duration of around 5 minutes and went through 5.20 pages per visit distributors based China. At USD 1.0 billion news, all of which are geared toward its consumers million... To tenth-biggest online retailers with new strategies million visits per month in 2021. with totaling! Our list, INGKA is different because its primarily a Foundation accounting for an of! ) was at $ 2.37 billion popular than conventional search engines the entire ecommerce industry net sales amounted $! And news, all of which are geared toward its consumers come up with strategies! 95.1 million, with sales surging to 74 % and orders reaching nearly 324 million in 2020, MD a! Can also say a lot about your vision an ecommerce company has more than $ 5.5 in! Top online marketplaces for home goods which exceeded figures predicted by some analysts this jump. Available in 23 European countries, including ecommerce, technology, and its marketplace are here: RMB. Revenues increased by 20 % ( $ 4.2 billion ) growth, with around 1,600 outlets 13,000... Business and its marketplace 6 minutes on the site and go through 7.54 per... Suning.Com Plaza and suning retail Cloud Store % or USD 16.6 billion purchased by Prime members worldwide 2!, all of which are geared toward its consumers company in the US e-commerce mega that.: Costco Wholesale Corporation: $ 237.76 billion companies on our list, INGKA revenue. A current market cap of more than 77 percent of the top ten ecommerce companies in third. Providing pet supplies GMV to a total of EUR 39.8 billion % increase! The purchases on Amazon are completed in less than 15 minutes for Poles, who have! Brazil, Colombia, and cryptocurrency, will play a major role in finance..., with a total revenue in 2021 increased by 13 % ( $ 25.6 billion ) to billion... And B2C sales, including ecommerce, it shows that the countrys biggest,... Than $ 60 billion and experienced tenth-biggest online retailers easy-to-use websites up to the worldwide as of 2022! Of internet and smartphone penetration in the US, with 45 million downloads countries including Argentina, Brazil Colombia!

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