In this piece, we’ll take a look at the 5 Most Valuable E-Commerce Companies in the World. For more such companies, go to 17 Most Valuable E-Commerce Companies in the World.
5. Pinduoduo Inc. (NASDAQ:PDD)
Market Cap as of January 12, 2023: $118.08 billion
With over 500 million users, Pinduoduo Inc. (NASDAQ:PDD) is among the largest e-commerce platform in China. The company started as an online agricultural platform that connects farmers directly to consumers. It developed into a full-scale e-commerce platform that offers a wide range of products, including fashion, beauty, electronics, fresh produce, food and beverages, household items, sports and fitness items, cosmetics and personal care, auto accessories, etc. Pinduoduo Inc. (NASDAQ:PDD) also provides next-day grocery delivery services where consumers can order fresh food and groceries and can pick up deliveries the next day at a designated time and location.
4. Meituan (3690.HK)
Market Cap as of January 12, 2023: $128.75 billion
Headquartered in Beijing, China, Meituan (3690.HK) is an online shopping platform that offers locally sourced consumer products and retail services. The company’s business segments include in-store hotels & travel, new initiatives, and other segments. The in-store hotels & travel segment lets customers book hotels and attractions or acquire local consumer services from retailers in various in-store categories. Its new initiatives segment offers sales of commodities from Meituan groceries and business-to-business (B2B) food distribution services.
3. Alibaba Group Holding Limited (NYSE:BABA)
Market Cap as of January 12, 2023: $303.22 billion
Headquartered in Hangzhou, China, Alibaba Group Holding Limited (NYSE:BABA) is a Chinese multinational technology company that provides services like e-commerce and technology infrastructure to retailers, brands, merchants, and other businesses. The company operates several online marketplaces in China, including Tmall (Business-to-Consumer platform) and TaoBao (Consumer-to-Consumer platform). Additionally, the business offers IT services such as cloud storage and online databases. Alibaba Group Holding Limited (NYSE:BABA) also runs the online video portal Youku, Alibaba Pictures, and other content platforms that offer online movies, live events, news feeds, books, music, and other things.
2. Walmart Inc. (NYSE:WMT)
Market Cap as of January 12, 2023: $392.45 billion
Founded in 1962, Walmart Inc. (NYSE:WMT) is an American multinational retail company that operates stores in over 10,500 locations under 46 brands. Walmart Inc. (NYSE:WMT) provides products in several categories, including food, health, beauty, fashion and lifestyle products, etc. The sales channel of the company comprises supercenters, hypermarkets, cash and carry stores, discount stores, warehouse clubs, membership-only clubs, etc. Walmart Inc. (NYSE:WMT) also runs a number of e-commerce platforms, including Flipkart and Sam’s Club.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Market Cap as of January 12, 2023: $959.91 billion
Founded in 1994, Amazon.com, Inc. (NASDAQ:AMZN) is an American multinational tech company and is among the highest-grossing e-commerce aggregators. The company focuses on e-commerce, online advertising, digital streaming, cloud computing, and artificial intelligence (AI). In addition to manufacturing and selling its own electronic products like Kindle, Fire Tablets, Fire TVs, etc., the company also allows third-party sellers to sell their products on the online marketplace. Amazon.com, Inc. (NASDAQ:AMZN) also offers programs to publish and sell content created by musicians, twitch streamers, filmmakers, and skills and app developers. Approximately 80% of the company’s total revenue is generated via the company’s online and physical retail, whereas Amazon web services (AWS), cloud computing, database, storage, and other services amount to 10-15% of the remaining revenue, followed by 5% revenue from the advertising services.
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