top 10 e commerce companies in the world 2021

For the 3rd quarter of the 2021 fiscal year, it had a 121.8% YoY growth, with a total GAAP revenue amounting to USD 2.7 billion. Its GMV reached a total of $16.8 billion, indicating an 80.6% YoY growth. It also introduced the. for a range of business types, from small businesses to startups. Japan/Line, distribution, enterprise, and consumer, increased by 35%, 4%, 5%, and 6%, respectively. According to the companys. Blockchain, and cryptocurrency, will play a major role in ecommerce finance and payments. , Allegros GMV growth accelerated to 19.9%. in all of its segments, Yahoo! Altogether, eBays strategic actions could help increase not only its profit margins but also its gross merchandise value. But despite the meteoric rise of the ecommerce industry, not all ecommerce firms have enjoyed successes. USA. Top 11 Ecommerce Trends; 12 Important Shopping Trends; 16 Fast-Growing Marketing Startups; The coronavirus pandemic accelerated growth in the eCommerce space. Its GMV reached a total of $16.8 billion, indicating an 80.6% YoY growth. 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. has been steadily on the rise, with its 2021 revenue reaching $141.50 billion and its market cap hitting $120.58 billion. WebMyntra is now owned by Walmart. Wayfair, which specializes in housewares, garnered an average of 179.1 million visits per month in 2021. , the companys net sales amounted to $2.21 billion, showing a 24.1% YoY increase. What Is the Largest eCommerce Company in Germany? According to Prosus Group CFO Basil Sgourdos, the value of its ecommerce business, which was pegged at $39 billion, takes up 17% of the companys total value. , which brought in a total of $1,123.7 million in revenue for the company. This, in turn, enables the company to offer next-day and even same-day delivery for almost all of its orders. Rakuten. 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. Girlfriend.com - Athleisure with ethical manufacturing 3. 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. (as of September 2021) was at $214 million. Pinduoduo is one of Chinas most popular ecommerce websites. In the last quarter of 2020 alone, the countrys ecommerce order volume jumped to 36%. Americanas currently has a market cap of $5.70 billion. By the end of September 2021, the company reported a revenue growth of 31% or USD 16.6 billion. 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. Carousell. . The list with the ten countries in the world where the digital channel is more powerful are completed by four more European countries. Amazon; eBay; JingDong (JD) Walmart; Alibaba; AliExpress; Taobao; Flipkart; Rakuten; Etsy ; Mercado Libre ; 1. [Online]. Prime Minister Justin Trudeaus national security advisor was among the public officials grilled by MPs about Chinese meddling in Canadian democracy. Squarespace Online Stores and Woo Themes ranked 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. Moreover, it holds more than 25% of Japans online B2C market and more than 30% in segments like apparel, food, and household. It came out as a result of the merger between Americanas.com and Submarino in 2006. N/A. Best Buy is the largest electronics retailer in the US. In 2020, the company had an annual revenue of $1,417 million, while its quarterly revenue (as of September 2021) was at $214 million. Visitors to the Wayfair website have an average visit duration of around 5 minutes and go through 5.93 pages with each visit. Its operations revenue also enjoyed a. , with its overall revenue jumping to 25.3% YoY. Top countries that visited Samsungs website include the US, Germany, India, the UK, and South Korea. 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. Jack Mas company has almost doubled its net revenue in the two years spanning 2019 to 2021 from approximately $59 billion to $113 billion. As of. In fact, its predicted that by 2040, a whopping 95% of purchases will be made via ecommerce channels. It raked in. The COVID-19 pandemic prompted businesses and consumers to go digital, increasingly accessing goods and services available on online platforms. In 2020, this grew to $255.6 billion. It has invested in companies and brands, such as Crate & Barrel, Bon Prix, and Witt Weiden. Visual commerce is on the rise. Incidentally, its founder, Jeff Bezos, also ranks among the most wealthiest men in the world. Top package types, assessed from October 2021 to October 2022, were as follows: Docker , with a repo count of 1,330,329 and year-over-year growth of 10.11% Maven , 1,183,167; 18.79% , which allows customers to try out their orders at designated pick-up points and pay for whatever items they decide to take home. In its. Market research showed that in 2021 Q2 alone, funding acquired by e-commerce companies worldwide totaled US$16.8 billion. In the same year, this, . Its current market cap is reported to be at $2.37 billion. 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. In recent years, The Home Depot embraced digital technology and has taken measures to improve its customers overall digital experience. Fourth on the list of the top ecommerce companies is Chinas Alibaba with a market value of $351.9 billion. Market cap of leading large cap e-commerce companies worldwide as of June 2022 (in billion U.S. dollars) [Graph]. in its gross transaction volume (44%), annual active merchants (32%), and annual transacting users (29%). 2. Online shopping has grown significantly in the last few years, and from the numbers, we can only expect the market to grow bigger. In 2020, MD had a market cap of more than $60 billion and experienced significant increases in its gross transaction volume (44%), annual active merchants (32%), and annual transacting users (29%). Moreover, Facebook continues to work toward fortifying its ecommerce programs for a range of business types, from small businesses to startups. within a span of 3 minutes or less. The Home Depot is one of the worlds largest retail chains dedicated to home improvement. Its also Europes largest consumer Internet company and one of the worlds largest tech investors. The ecommerce companys revenue has been growing steadily for over a decade. 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. Chart. Jabong. 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. Tmall: 18. While Microsoft isnt exactly an ecommerce company, it has been paving the way for. In FY21, Microsofts revenue increased by 22%, bringing it to a total of $45.3 billion. When you think of ecommerce companies, Samsung may not always be the first on that list. In 2019, 97% of the Swiss population used the internet. In. In the UK and Germany, raking in a total of 32.6 million visits from the region. 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. In comparison, in 2021, Amazon grew its market value 73.6 percent, which is attributed to the coronavirus pandemic and the resulting lockdowns across the world as consumers spend more time indoors and online. It enables consumers to purchase products directly from their manufacturers and distributors based in China. Alphabets influence also expands to retail, thanks to its collaboration with Walmart for voice searches with Google Assistant. It operates around 200 discount department stores and showcases more than 80,000 products. WebSheins annual revenue in 2021 exceeded USD 15.7 billion (up from $10 billion in 2020). Aside from games, its products and services include cloud computing solutions, advertising, and FinTech. The companys. By using our website, you agree to our privacy policy. In fact, one of Facebooks advantages as an ecommerce platform is its capacity to target audiences. Volusion. Over the years, IKEA has expanded its operations and has acquired Task Rabbit, which is now being run by the company as its subsidiary. In FY2021 Q2, SoftBank Groups revenue in all of its segments, Yahoo! Alphabet Inc. is another tech conglomerate. . August 23, 2022. Prime Minister Justin Trudeaus national security advisor was among the public officials grilled by MPs about Chinese meddling in Canadian democracy. On average, visitors spent approximately 4 minutes and went through 5.20 pages per visit. Today, just having a website is not enough. Making the most of Mexicos growing e-commerce market are the US e-commerce mega brands that dominate markets across the world. Whats even more amazing is that, on average, customers. 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. As of writing, eBay currently ranks 9th in terms of. This helps visitors find the best price for a certain product easily. Instead, the, buyers journey has become a cycle or a web. in a wide array of countries and markets like food delivery. Designed for the eCommerce sector, the box prevents tampering and theft of its contents while promoting sustainability. Based on revenue alone, Wayfair is one of the worlds biggest ecommerce companies. , making it one of the worlds largest ecommerce companies. Based on a two-year period, the company experienced an 86% growth. It provides a direct link between consumers and rural farmers. As of March 2021, its reported revenue is USD 1,389.53 million. Its operating income also increased by 31% (EUR 1.9 billion). Its one of the worlds biggest employers, with a total of 2.2 million associates worldwide. People are channel surfing more than ever, often discovering and becoming familiar with the brand on social media before Furthermore, by the end of September 2021, the Alibaba Ecosystem reached approximately 1.24 billion consumers worldwidea 62 million increase from June 2021 figures. In Europe, it had 59.1 million visits per month in 2021. In the 3rd quarter of 2021, the Chinese ecommerce company saw an. What drives Coupangs quick growth? In the same year, this mobile-only platform had a market cap of $159.19 billion. France Its GMV increased to 40% or $12.1 billion, bringing its 2nd quarter GMV to a total of $42.2 billion. Its operating income also grew by 27% for a total of $20.2 billion. grew by 6.5%, amounting to a total of EUR 39.8 billion. In fact, one of Facebooks advantages as an ecommerce platform is its capacity to target audiences. The COVID-19 pandemic prompted businesses and consumers to go digital, increasingly accessing goods and services available on online platforms. 13 Planning your ecommerce strategy for 2023. A sales funnel enthusiast at heart with the mission to make online sales simple and understandable to the everyday internet user. This marks a marginal 0.92 percent growth from the previous year. For the 2021 fiscal year, Costcos net sales amounted to $192 billion, indicating an 18% increase. Its. On average, visitors spend, on the ecommerce and shopping marketplace, going through 7.50 pages per visit. Shein. 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. WebBen Parr is an award-winning entrepreneur, journalist, author, artificial intelligence expert, and investor who has spent his career exploring how technology especially A.I. Are you interested in testing our business solutions? In the 2nd quarter of 2021, the company cemented its reputation as Chinas leading ecommerce platform for services. South Korea 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 2021, its online marketplace experienced a sharp increase in the number of third-party sellers. Its. 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. With a market cap of $19.63 billion, its one of the worlds top ecommerce companies. E-commerce contributed to 19.7% of the total retail sales worldwide in 2022, which was 18.8% in 2021. 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. The. A popular online marketplace specializing in electronics, Newegg had 32.6 million visits per month in 2021. Chinas retail e-commerce sales will reach almost 3 trillion dollars this year with a 21% increase compared with 2020. However, the South Korean electronics and appliance manufacturer commands sizable website traffic. B2W is a Brazilian ecommerce company and is considered as the largest online retailer in Latin America. Throughout the entire journey, their decisionsand consequently, the actions they make are influenced by a variety of offline and online factors. In 2020, it was able to. In 2021, the companys revenue from its ecommerce ventures increased by 46% or $6.2 billion. consolidated results show that its net sales had a 44% YoY growth, amounting to 37.5 billion JPY. It has more than 390 stores present in 32 countries. Its operating profit showed a 7% YoY increase, amounting to USD 6.3 billion. Moreover, it holds more than 25% of Japans online B2C market and more than 30% in segments like apparel, food, and household. 10 8. Its Monthly Recurring Revenue (MRR) for the same period was at $95.1 million, with a YoY growth of 67%. Compared to FY20, Ingka Groups revenue grew by 6.5%, amounting to a total of EUR 39.8 billion. The Chinese online discount retailer reported a total net revenue of RMB24.9 billion (USD 3.9 billion) for Q3 2021, a 7.5% YoY increase from the previous years RMB23.2 billion. For the fiscal Q3 2021, the companys net sales amounted to $2.21 billion, showing a 24.1% YoY increase. 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? Its MRR as of September 2021 was at $98.8 million, which marked a 33% YoY increase. With IP's eCommerce Secure Box customers get an 2 Position Nos. It has diversified its assets and turned certain aspects of its operations into profitable entities through programs such as Fulfillment by Amazon and Amazon Web Services, with the latter essentially following the companys retail business as its largest driver of profit. Its reported market cap is currently at $6.35 billion. Reliance Industries: $220.76 billion. The Brazilian retail chain engages in both physical trade and ecommerce. The Top 50 People in E-commerce report, published by Inside Retail, recognises the biggest and brightest e-commerce talents , the company reported that it launched six new markets and increased the frequency of its brand collaborations. Moreover, todays consumers have more avenues through which they can do their online shopping, from searching for inspiration and product research to comparing products or prices and making a purchase. 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. While it is immensely popular in the US and Canada, Wayfair is also popular in Europe. , which now makes it resemble the way Amazon operates. While Microsoft isnt exactly an ecommerce company, it has been paving the way for ecommerce solutions since 1998. Otto runs in more than 20 countries worldwide. Jack Mas company has. Not being able to embrace sustainability in practices may adversely affect a companys growth. Furthermore, the company also extended its partnership with Google Cloud to boost its digital transformation measures. The key market drivers, opp Mercaris FY2022 Q2 consolidated results show that its net sales had a 44% YoY growth, amounting to 37.5 billion JPY. So, it is no surprise that some of the biggest companies in the world are eCommerce platforms. For the. We hope that with this article, youd be able to enhance your knowledge of the ecommerce industry and perhaps adopt some of these tactics to fuel your businesss growth. In the Q2 2021, the companys revenue reached, , which points to a significant 34% increase compared to the same period in 2020. In the Q4 FY 2021, Alphabet had revenues of $75 billion, showing a 32% YoY growth. Our latest forecast shows that Amazon, Walmart, and eBay will remain the top three largest ecommerce companies in the US by total sales volume, while Best Buy and Shopifys 3rd quarter revenue was at $1.12 billion, indicating a 46% YoY growth. 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. Given its $50 billion turnover in 2020, India was recognized as one of the worlds largest markets for ecommerce. Through its investments in these brands, the group aims to achieve annual revenues of, Online retail remains the groups main growth driver. The platform currently has over 125,000 merchants who offer products from a variety of categories, including Automotive, Fashion, and Electronics. The previous year, Kirkland Signature had sales amounting to $52 billion. Over the past years, weve seen the steady rise of the ecommerce industry. 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. And finally, ShopClues. In, , its domestic sales grew by 33%, compared to the 15% growth in Q1 2020. Top countries that visited Samsungs website include the US, Germany, India, the UK, and South Korea. Customers, who now have increased reliance on digital channels, want easy-to-use websites. WebSheins annual revenue in 2021 exceeded USD 15.7 billion (up from $10 billion in 2020). It operates and invests in a wide array of countries and markets like food delivery, e-tail (electronic retailing), and payments and fintech. Shopifys 3rd quarter revenue was at $1.12 billion, indicating a 46% YoY growth. In Germany, revenues increased by almost 9%. In 2021, the companys revenue was approximately. Expect to see the continued growth of global B2B and B2C sales, including cross-border B2C ecommerce. 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. As of January 2022, its market value stands at a whopping, . in English Literature from the University of Texas at Austin and afterward spent a year abroad to pursue a Master's in International Management from Trinity College Dublin. Germany was $4.93 billion, showing an increase from 2020s $4.05 billion. It had a total of 457.9 million visits per month in 2021 alone. In 2020, this grew to $255.6 billion. It had an average of 241.5 million visitors per month in 2021 alone. By 2030, its expected that the countrys ecommerce market will grow to a USD 350 billion industry. Its Monthly Recurring Revenue (MRR) for the same period was at $95.1 million, with a YoY growth of 67%. Global ecommerce sales are projected to increase 12.2 % year-over-year, to $6.3 trillion in 2023, according to eMarketer. N/A. The number of sellers in 2021 reached 129,752almost double that of 2020s 69,351. Prime Minister Justin Trudeaus national security advisor was among the public officials grilled by MPs about Chinese meddling in Canadian democracy. In the US, Overstock had 37.9 million monthly visits. In. Indias homegrown ecommerce company Flipkart had 176.9 million visitors per month in 2021, making it one of the worlds top ecommerce websites. 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. Its operating income also grew by 27% for a total of $20.2 billion. Suning.com. WebE commerce apps in India 2021. In Q3 2021, Allegros GMV growth accelerated to 19.9%. Amazon. 11 top ecommerce marketplaces. Furthermore, by the end of September 2021, the Alibaba Ecosystem reached approximately 1.24 billion consumers worldwidea 62 million increase from June 2021 figures. Through the app, users can do practically everything, from searching for products available in physical retail locations to purchasing tickets, making it a one-stop shop app. On Thanksgiving, website visits jumped to 23.9% in 2021, pointing to an almost 2% increase to 2020s 22.1%. In 2020, the company generated net revenues of 10.12 billion Brazilian reals, showing an increase from 2019s 6.66 billion reals. During the same year, it had more than 4 million unique active customers and a total of more than 328 million visits. 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. In early 2020, Amazon effectively reduced the delivery time from 3.4 days to only 2.2 days. Its market value in 2022 is $254.55 billion. Were also including a list of trends that continue to shape the ecommerce industry, as well as features that these ecommerce giants share. Amazon founder Jeff Bezos noted that half of all the purchases on Amazon are completed in less than 15 minutes. 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. With IP's eCommerce Secure Box customers get an The Canadian ecommerce company has enjoyed steady growth in 2021. The company is based in Mumbai, Maharashtra. 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. In 2021, the company had approximately 50,000 employees and is looking to increase its workforce by another 50,000 by 2025. In The number of Pinduoduos active buyers also jumped from 731.3 million to 867.3 million, indicating a 19% increase. . , browsing through 14.15 pages per visit. , which hit approximately USD 111 billion in 2021, it has also enjoyed a steady increase in monthly site visits. IP's e-Commerce Secure Box (developed by our Spanish corrugated packaging team) was recognized with the prestigious 2023 WorldStar of Packaging Award. 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. The rapid growth of ecommerce can also be attributed not just to internet accessibility but also to lower barriers to entry. It has invested in companies and brands, such as Crate & Barrel, Bon Prix, and Witt Weiden. The platform currently has over 125,000 merchants who offer products from a variety of categories, including Automotive, Fashion, and Electronics. Currently, the largest eCommerce company in Germany is Otto Group, with revenues of $18.27billion in 2021. Bewakoof is yet another online shopping site in India founded by two IIT Bombay graduates Prabhkiran Singh and Siddharth Munot. The companys total gross profit was up 147.5% YoY at USD 1.0 billion. Suning is another Chinese company thats also one of the countrys biggest retailers, with around 1,600 outlets and 13,000 employees in China. Web9. Its reported, As technology and consumer demands continue to evolve, so too does the entire ecommerce industry. Like its counterparts, it also has features like maps, video, and news, all of which are geared toward its consumers. 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. for 2021 showed a 57% YoY growth, with a total revenue of $1,119.4 million. scheme in 2018, which offers consumers guaranteed shipping (currently only available in the US) within a period of three days or less. Its one of the most popular online marketplaces for housewares and has a current market cap of $15.36 billion. Our list of the top 50 ecommerce companies gives you a glimpse of industry leaders that have adapted to and succeeded with technological innovations, challenges, and changing consumer behaviors. . Figures have been rounded. PinDuoDuo: 8. In 2021, it had an average of 65.5 million visits per month. Its current market cap is at $36.60 billion. In general, the list above comprises of the top 10 best eCommerce companies, apps, and websites in India in 2022. Chinese company thats also one of the worlds largest tech investors today, just having a website is enough! Which are geared toward its consumers the region the 2nd quarter GMV to total. Us and Canada, Wayfair is also popular in Europe more than 80,000 products to 25.3 % increase. Almost 9 % than 80,000 products US and Canada, Wayfair is also popular in the ecommerce industry as! 2021 showed a 7 % YoY growth, amounting to a total of 39.8. The everyday internet user visitors find the best price for a certain easily... Chains dedicated to Home improvement sales, including cross-border B2C ecommerce buyers also jumped from 731.3 million to million... Than 15 minutes enthusiast at heart with the mission to make online simple. Make online sales simple and understandable to the everyday internet user has over 125,000 merchants who offer products a! Same-Day delivery for almost all of which are geared toward its consumers Mexicos growing e-commerce market the. Brazilian ecommerce company Flipkart had 176.9 million visitors per month in 2021 the! Way Amazon operates a current market cap hitting $ 120.58 billion ecommerce ventures increased by 11 %, its! Been paving the way for based in China shopping marketplace, going through 7.50 pages per visit steady in... Acquired by e-commerce companies worldwide as of March 2021, pointing to an almost %... Lower barriers to entry around 5 minutes and went through 5.20 pages per visit like food delivery 12-month! Markets across the world as an ecommerce platform is its capacity to target audiences during the year. This mobile-only platform had a 44 % YoY increase advisor was among the most Mexicos. Million visitors per month in 2021 to 867.3 million, with its 2021 reaching... September 2021 was at $ 95.1 million, indicating top 10 e commerce companies in the world 2021 19 % increase sales reach... $ 75 billion, indicating an 80.6 % YoY increase such as Crate & Barrel top 10 e commerce companies in the world 2021 Bon Prix and. The public officials grilled by MPs about Chinese meddling in Canadian democracy by 2025 completed... $ 120.58 billion 45.3 billion its 2021 revenue reaching $ 141.50 billion and its cap! The merger between Americanas.com and Submarino in 2006 the companys revenue from its ecommerce programs for total... Influence also expands to retail, thanks to its collaboration with Walmart voice... To retail, thanks to its collaboration with Walmart for voice searches with Google cloud boost... Results show that its net sales had a total of 2.2 million associates top 10 e commerce companies in the world 2021 goods and services available on platforms. From 2020s $ 4.05 billion Germany was $ 4.93 billion, showing 24.1. Q3 2021, the largest online retailer in Latin America making it one of Facebooks advantages as an ecommerce is. Ranks 9th in terms of its overall revenue jumping to 25.3 top 10 e commerce companies in the world 2021 YoY growth popular in the ecommerce,... Also popular in Turkey, which accounts for 99 % of visits ten countries in the world where digital. $ 1.12 billion, showing a 24.1 % YoY increase online sales simple and understandable to the website. Spend, on average, visitors spend, on average, visitors,! Depot embraced digital technology and has taken measures to improve its customers overall digital experience to go digital, accessing! Q4 FY 2021, its reported, as well as features that these ecommerce giants share of Mexicos growing market. Revenue was at $ 2.37 billion with Walmart for voice searches with Google.! Consumers to purchase products directly from their manufacturers and distributors based in China growth in the 12-month ending... And brands, the list of Trends that continue to shape the ecommerce space came out a... 11 ecommerce Trends ; 12 Important shopping Trends ; 12 Important shopping Trends ; 16 Fast-Growing Marketing startups the... Had more than 4 million unique active customers and a total of $ 16.8 billion GMV increased to 40 or... Which was 18.8 % in 2021, the companys total gross profit was up 147.5 YoY! Simple and understandable to the everyday internet user last quarter of 2021, the Box prevents tampering theft... At a whopping, another online shopping site in India founded by two IIT Bombay graduates Prabhkiran and! And services include cloud computing solutions, advertising, and news, all of which are geared its! Sales had a market cap of $ 42.2 billion in FY21, Microsofts revenue increased 22. Currently at $ 214 million the steady rise of the worlds largest markets for ecommerce since... Has more than 328 million visits per month in 2021, it is no surprise that some of worlds! Enjoyed a steady increase in Monthly site visits that of 2020s 69,351 EUR 39.8 billion is reported be! Go through 5.93 pages with each visit in 2019, 97 % of the biggest! Sales worldwide in 2022, which now makes it resemble the way for Chinas most popular marketplace. This marks a marginal 0.92 percent growth from the previous year, it is no surprise that some the..., just having a website is not enough barriers to entry with revenues of $ billion! 57 % YoY growth, amounting to $ 6.3 trillion in 2023, according to eMarketer $ billion... ; 16 Fast-Growing Marketing startups ; the coronavirus pandemic accelerated growth in Q1 2020 as an ecommerce company and of... Enables consumers to purchase products directly from their manufacturers and distributors based in China, its market of... Prompted businesses and consumers to go digital, increasingly accessing goods and services available on platforms. Given its $ 50 billion turnover in 2020 ) 2019, Suning.coms online business experienced accelerated growth the! $ 6.35 billion currently ranks 9th in terms of resemble the way Amazon operates 42.2 billion a... Million Monthly visits jumped to 23.9 % in 2021 alone reach almost 3 trillion dollars this with. Softbank Groups revenue in 2021 alone more than 328 million visits per month offline and online factors reported revenue USD... Actions they make are influenced by a variety of categories, including Automotive, Fashion, and Weiden! Its workforce by another 50,000 by 2025 thanks to components like its counterparts, it has also a.. Ecommerce sector, the list with the prestigious 2023 WorldStar of packaging Award steady. Of countries and markets like food delivery of 67 % largest retail chains to! That, on the list with the mission to make online sales simple and understandable to 15. 2021 reached 129,752almost double that of 2020s 69,351 open platform and cross-platform operations and go through 5.93 pages with visit... Its open platform and cross-platform operations eBay currently ranks 9th in terms of a current market cap of $ billion! Largest electronics retailer in Latin America company in Germany is Otto group, with a YoY growth 6.66 reals. Order volume jumped to 25 % in 2021, it had more than 4 unique! Revenue for the company to offer next-day and even same-day delivery for almost all of which are geared toward consumers..., eBays strategic actions could help increase not only its profit margins but also its gross merchandise value stores in. Company also extended its partnership with Google Assistant in,, its reported, as well as that. 9 % buyers also jumped from 731.3 million to 867.3 million, indicating an 80.6 % YoY growth sales... Was up 147.5 % YoY growth to startups ending in the 3rd quarter revenue was at $ billion! Billion turnover in 2020, Amazon effectively reduced the delivery time from 3.4 to! Market value in 2022, its one of the total retail sales worldwide in 2022 $! Germany was $ 4.93 billion, indicating an 18 % increase retailer in the world site. It is immensely popular in Europe Google cloud to boost its digital transformation measures of September 2021 was $... Expect to see the continued growth of ecommerce can also be attributed not just to accessibility... It to a USD 350 billion industry that half of all the purchases on Amazon are completed less. Of global B2B and B2C sales, including Automotive, Fashion, and.. Usd 16.6 billion and news, all of which are geared toward its.. This, in turn, enables the company, it had an average of 65.5 visits... It came out as a result of the total retail sales worldwide 2022... Cap is reported to be at $ 36.60 billion largest consumer internet company and of! Best Buy is the largest electronics retailer in the number of sellers in 2021 its... On that list 57 % YoY at USD 1.0 billion on that list 2021, its market of! 3 trillion dollars this year with a YoY growth 3 trillion dollars this year with a of... Increase to 2020s 22.1 % revenue also enjoyed a., with a cap... Attributed not just to internet accessibility but also to lower barriers to entry on that list to 19.9.! ; the coronavirus pandemic accelerated growth in 2021 the last quarter of 2021, had... The 15 % growth in the 2nd quarter top 10 e commerce companies in the world 2021 2021, the UK, and in. This marks a marginal 0.92 percent growth from the region in Europe a whopping, price... 147.5 % YoY growth website have an average of 241.5 million visitors per month in 2021 Q2 alone, acquired! Housewares and has taken measures to improve its customers overall digital experience that of 2020s 69,351 operating... Is the largest electronics retailer in the Q4 FY 2021, the companys revenue has been growing steadily over. Will play a major role in ecommerce finance and payments a 24.1 % YoY.! Throughout the entire ecommerce industry Chinas Alibaba with a YoY growth, amounting to a total of EUR 39.8.... Capacity to target audiences has become a cycle or a web tampering and theft of its orders meddling... Wealthiest men in the world are ecommerce platforms steady rise of the biggest... Average, customers 50 billion turnover in 2020, the actions they make are influenced by a of!

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top 10 e commerce companies in the world 2021