Below you can find the list of 5 Largest Ecommerce Companies in the World. For a detailed coverage of this topic and a more comprehensive list, please see the 15 Largest Ecommerce Companies in the World.
5. Tesco
E-commerce Revenue – $ 59,101,923,000
British MNC, Tesco, specializes in grocery and general merchandising. Online sales comprised 68% of sales mix in the 1H of 2020. The company noted a strong demand shift towards online format, while online capacity doubled in 5 weeks and weekly grocery slots reached 1.5 million.
4. Target (NYSE:TGT)
E-commerce Revenue – $ 84,653,000,000
American retail giant, Target, operates in online format as well. In Q2, 2020, the company experienced an overall sales growth 24.3% that marked a record growth for the company. The sales growth was mainly driven by online sales. The company registered over 10 million new digital guests in the same period.
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3. JD.com (NASDAQ:JD)
E-commerce Revenue – $ 87,193,400,000
JingDong is a Chinese e-commerce retail player, dealing in consumer electronics, mobile phones, computers among other goods. In Q2 , the company saw an increase of 33.8% from the second quarter of 2019. 9. Net sales revenues from the sales of general merchandise products for were US$9.1 billion denoting a jump of 45.4%.
2. Alibaba (NYSE:BABA)
E-commerce Revenue – $ 88,355,900,000
Chinese major player, Alibaba, delves into several diversified segments. Founded by Jack Ma, the company has a presence worldwide as the largest B2B platform. The group has a sub-segment for smaller buyers at wholesale prices called AliExpress. The group also has its own logistics services called Cainiao logistics services.
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1. Amazon (NASDAQ:AMZN)
E-commerce Revenue – $ 90,000,000,000
When it comes to online buying, Amazon, is a name that cannot be displaced and ensures that it tops the list of 5 largest ecommerce companies in the world. The American online retailer dominates the industry in online sales with a worldwide consumer base. Founded by Jeff Bezoz, originally as an online platform for book sales, the company soon expanded into various areas of retail sales. Online sales grew 37% in the third quarter YOY, marking a significant rise. As the largest internet company by revenue, and commanding a significant market share in the e-commerce space, Amazon clearly makes it as the largest e-commerce company in the world.
See also 15 Best Online Shopping Sites in India and 25 Best Things To Buy On Amazon Under 20 Dollars
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