10 Largest Online Retailers In the World in 2017

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1. Alibaba Group Holding Ltd (NYSE:BABA)

Score: 18

Finally, at the top of our list is the Chinese giant Alibaba Group Holding Ltd (NYSE:BABA). The company’s history starts in 1999, when Jack Ma started out the website with the idea for it to be a business-to-business portal to connect Chinese manufacturers with buyers from across the oceans. Years later, with Alibaba Group Holding Ltd (NYSE:BABA) being one of the ten most valuable companies in the world, it is also the largest online retailer in the world in 2017. The company oversees multiple sites with over 550 million monthly active mobile users.

The sites are doing so well that in 2016 they managed to bring in online sales of $485 billion. That’s nearly as high as Alibaba Group Holding Ltd (NYSE:BABA)’s own market valuation of $488.9 billion.

Among the sites Alibaba operates are Alibaba.com, AliExpress, Taobao, Tmall, and more, not necessarily related to e-commerce, such as Alipay, of the world’s largest online payment platform.

Kite_rin/Shutterstock.com

Kite_rin/Shutterstock.com

That being said, these have been the 10 largest online retailers in the world in 2017. 

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