5 Most Valuable E-Commerce Companies in the World

2. Alibaba Group Holding Limited (NYSE:BABA)

Alibaba Group Holding Ltd. (NYSE: BABA) is the world’s largest e-commerce company by gross merchandise volume (GMV), which remains $1.2 trillion in 2021. Headquartered in Hangzhou, China, the company operates in over 190 countries and regions. It deals in both retail and wholesale with coverage of more than 40 e-commerce categories including machinery, apparel, and consumer apparel. Its major business segments include core commerce, digital media and entertainment, cloud computing, and others.

Alibaba (NYSE: BABA) recorded $78.39 billion worth of revenue in 2020. Its number of annual active customers stands at 1.18 billion as of June 2021.

Alibaba Group Holding Ltd (NYSE:BABA), Booth of Alibaba Group, IT tradew show, website, group, chinese

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