Top 5 E-Commerce Companies in the World

In this article, we will take a look at the top 5 e-commerce companies in the world. If you want to read our detailed analysis, you can directly go to Top 20 E-Commerce Companies in the World.

5. PDD Holdings Inc. (NASDAQ:PDD)

Market Capitalization as of February 27, 2024: $172.58 Billion

PDD Holdings Inc. (NASDAQ:PDD) is one of the largest e-commerce companies in the world. The company was formerly known as Pinduoduo Inc and changed its name in February 2023. It is based in Ireland. The company owns Pinduoduo, an e-commerce platform, and Temu, an online marketplace. PDD Holdings Inc. (NASDAQ:PDD) has a market capitalization of $172.58 billion.

4. Alibaba Group Holding Limited (NYSE:BABA)

Market Capitalization as of February 27, 2024: $193.85 Billion

With a market capitalization of $193.85 billion, Alibaba Group Holding Limited (NYSE:BABA) ranks as one of the top e-commerce companies in the world. The company operates across seven segments including China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives. Some of the prominent online wholesale marketplaces by the company include AliExpress, Lazada, Trendyol, Daraz, Freshippo, and Tmall Global.

3. The Home Depot, Inc. (NYSE:HD)

Market Capitalization as of February 27, 2024: $372.85 Billion

The Home Depot, Inc. (NYSE:HD) is a home improvement retailer with a large e-commerce presence. The company sells its home improvement products through online sites including homedepot.com, homedepot.ca, homedepot.com.mx, blinds.com, and thecompanystore.com. The Home Depot, Inc. (NYSE:HD) is based in Georgia and was founded in 1978.

2. Walmart Inc. (NYSE:WMT)

Market Capitalization as of February 27, 2024: $478.66 Billion 

Walmart Inc. (NYSE:WMT) ranks second on our list of the top e-commerce companies in the world. The company engages in the retail and wholesale of products across the globe. It operates across three segments including Walmart US, Walmart International, and Sam’s Club. Walmart Inc. (NYSE:WMT) has a market capitalization of $478.66 billion and was founded in 1945.

1. Amazon.com, Inc. (NASDAQ:AMZN)

Market Capitalization as of February 27, 2024: $1.81 Trillion

Amazon.com, Inc. (NASDAQ:AMZN) ranks first on our list of the top e-commerce companies in the world. It was founded in 1994 and is headquartered in Washington, United States. The company offers consumer products, advertising products, and subscription-based services. It also engages in retail via online and physical stores. Amazon.com, Inc. (NASDAQ:AMZN) has a market capitalization of $1.81 trillion.

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