Biggest eCommerce companies
Amazon is the world’s most popular eCommerce platform.
Its current market value is also more than quadruple its closest rivals and the combined total of the following five biggest online retailers on the list.
The eCommerce company’s revenue has been growing for over a decade.
In the 12 months ending in the third quarter of 2021, its revenues reached $458 billion, a 31.62 per cent year-over-year increase.
Its founder, Jeff Bezos, also ranks among the wealthiest men in the world.
2. Home Depot
HomeDepot’s second-biggest eCommerce company. Its market value is $411.02 billion, a 43.73 per cent annual increase.
Home Depot outperforms rivals like Lowe’s, Walmart, and Ace Hardware.
Total sales hit $37.5 billion in 2020, up 32.7% year over year.
Walmart is the top eCommerce website in the US.
It operates in several countries and has over million active users.
At present, Walmart ranks third with a market value of $401.91 billion.
The fifth-biggest eCommerce shop in the world is Prosus.
Its market value in 2022 is $254.55 billion.
These five biggest online retailers have over $3 trillion in combined market value.
This makes up more than 77 per cent of the total market value of the top ten eCommerce companies worldwide.
6. Costco Wholesale Corporation
Costco is the US of discount stores of the type known as warehouse clubs or wholesale clubs.
It is one of the largest retailers in the world. Its market value in 2022 is $237.76 billion.
7. Reliance Industries:
Reliance Industries’ market value in 2022 is $220.76 billion.
8. Meituan Dianping:
Meituan Dianping is a Chinese company that aspires to be the Amazon of services. Its market value in 2022 is $220.76 billion.
Shopify is a complete eCommerce platform that lets you start, grow, and manage an eCommerce business.
Its market value in 2022 is $143.34 billion.
10. Target Corporation
Target Corporation’s market value in 2022 is $110.57 billion.
It’s an American big-box department store chain headquartered in Minneapolis, Minnesota.
The top 10 eCommerce companies are scattered across, with six from America, three from Asia, and one from Europe. This’s the list of the largest e-commerce companies by market capitalization.