15 Largest Ecommerce Companies in the World (2023)

In this article we take a look at the 15 Largest Ecommerce Companies in the world. Click to skip ahead and jump to the 5 Largest Ecommerce Companies in the world.

As the Covid-19 pandemic has fueled ecommerce to take the forefront in retailing, are you wondering which are the largest e-commerce companies in the world, that are taking the lead in the entire industry? 2020 has been a rather interesting year for industries where certain industries have struggled to keep the margin up, while others have smoothly ridden the wave of changes for their advantage. The perfect example for an industry which has catered to the peculiar demand trend amidst the lockdowns all across the world, by providing the world the means to stay connected, is the communications technology industry. Zoom Video Communications (NASDAQ:ZM) is a classic case study where revenues doubled just as the pandemic hit, as more and more people shifted to online communications and workplaces turned remote overnight.

E-commerce has been yet another industry that received an unexpected boom with the lockdowns becoming effective worldwide, and with massive change in consumer behavior. As traditional retailing took the hit, e-commerce emerged as the preferred buyer market. E-commerce saw an amazing 129% YOY growth in the US alone, and it is expected that the segment will comprise over 14% of the entire retail industry in 2020, marking the biggest increase in online retail ever. As consumers worldwide are shifting to the online mode of buying, the consumer base of the e-commerce segment has increased more than ever before. The folks that preferred in-store buying have now, because of the lockdown, looked for more online purchases as this mode provides much more convenience in these unprecedented times. The result - the widening of sales from regular customers as well as added new customers to the existing consumer base. It is unlikely that the e-commerce segment will lose these new customers once the pandemic is over, as the initiation into online buying has already taken place. It is unlikely that people will stop online buying even after the pandemic is over, at least not immediately.

The biggest gainers in this unforeseen situation have been the largest e-commerce companies in the world. The biggest companies have taken the biggest piece of pies it seems. With already established consumer bases, brand image and robust logistics in place, these companies have successfully reaped the benefits of the change. Amazon Inc, is likely to see a 28% to 38% sales growth in 2020 than the previous year, which is quite an astounding growth figure.

15 Largest Ecommerce Companies in the World (1)


A robust supply chain is indispensable to the e-commerce industry and a dependable and streamlined logistics chain is what has kept the e-commerce industry resilient in these unprecedented times. While some e-commerce giants partner with delivery services like FedEx Corporation (NYSE:FDX) , others like Amazon have their own delivery networks. In fact Amazon has been able to build up its consumer base thanks to efficient supply mechanisms, that enables it to reduce delivery times and create a streamlined system, while helping out small time retailers on its platform to make the most of its established supply chains. However, while e-commerce orders have flourished in the pandemic, pressure has built up on the supply side. Sudden increase in orders have been coupled with slowdowns in the logistics, leading to bottlenecks that e-commerce businesses have had to deal with to keep up their momentum.

E-commerce is in the constantly evolving phase, and even after the push from the pandemic dies down, the segment is expected to see some important changes and spearheading of sub-segments within its umbrella. Amongst the new trends that might be seen in the near future, is the emergence of Direct to Customer and Private Label brands. Looking to provide personalized offerings and maintaining direct relations with customers several traditional brands are willing to detach with retailers. Direct selling also gives access to valuable consumer data which is fast becoming the retail gold. Brands are extensively looking to monetize consumer data, to get first mover advantage and provide personalized products. Data, therefore, will be the next big thing in the e-commerce business, and soon Big Data will be playing a big part in providing personalized experiences. Entering into 2020, we have already seen the shift of e-commerce to become more technology driven, and the part of technology is only expected to increase from here on. In the next transformation for the industry we shall see voice searches expanding to a great extent and PWA technology will also come into play. The e-commerce business that has generally caused concern around sustainability issues, is also expected to step into creating more environment oriented strategies in terms of supply chain, packaging and more. As customers are becoming increasingly aware and demanding lesser packaging from the industry, soon, the players in the industry are likely to start experimenting with more biodegradable packaging options. Shift might also occur towards creating more sustainable supply chains, as traditionally online retail formats pose the issue of increasing carbon emissions in creating multiple lines of distribution. To get an idea of how other industries are doing in the wake of the pandemic, and latest industry specific trends, take a look at our other article 11 Biggest Insurance Companies In the World.

It is apparent that going forward the e-commerce segment is likely to grow to become a major segment of retail. The largest e-commerce companies in the world are expected to hold their positions and expand their customer base as the industry prepares to boom further. To compile a list of these companies, we have ranked them by their latest revenue figures. While some of these companies are exclusively into e-commerce business, others like Walmart Inc. (NYSE:WMT) are retail players foraging into the e-commerce space and some others operate in other segments as well, e-commerce being one of the businesses in their portfolio. We have considered the e-commerce sales figures in the current year to arrive at our list of top players.

Letโ€™s take a look at 15 Largest Ecommerce Companies in the world

(Video) The 10 Biggest E-Commerce Companies 2023...

15. Walmart (NYSE:WMT)

E-commerce Revenue - $ 5,598,000,000

American retail giant, Walmart, is equally a major player in the retail space. Around 600 bps of its net sales in 2020, were attributable to the e-commerce segment. The e-commerce net sales growth was over 97%, and has contributed to the overall net sales of the company extensively.


14. Flipkart

E-commerce Revenue - $5,861,610,000

Singaporean e-commerce player, headquartered in Bangalore, India, recently sold a major stake to Walmart. The e-commerce company initially broke into the online retail space by selling books, but eventually transformed into full-fledged retail sales and became one of the pioneers of online selling in India. In the first half of 2020, Walmart Inc led a $1.2 billion investment in Flipkart Group, pulling the company value to $24.9 billion.

15 Largest Ecommerce Companies in the World (3)

13. Zalando

E-commerce Revenue - $7,814,680,000

Europeโ€™s Zalando, based in Berlin, operates in the fashion and lifestyle industry across 17 markets in the region. Zalando is clearly Europeโ€™s leading online sales platform.

15 Largest Ecommerce Companies in the World (4)

(Video) List of Top 10 Richest ecommerce companies in the world | Best ecommerce platforms

Copyright: prykhodov / 123RF Stock Photo

12. Wayfair (NYSE:W)

E-commerce Revenue - $ 8,607,571,000

Online store selling furniture and home goods, Wayfair, has created a special niche for itself in the US market, that makes it one of the largest ecommerce companies in the world. As the Home Category Online grew by 15% in the U.S. in 2019, Wayfair enjoyed a significant advantage from the push, with around 38% of the market share under it.

15 Largest Ecommerce Companies in the World (5)

11. Otto

E-commerce Revenue - $ 9,549,510,000

German leading E-commerce platform, Otto, primarily serves the retail market but also provides retail services and high value, personalized customer advice in both online and offline modes. The group company recently expanded its business into real estate and financial services.

15 Largest Ecommerce Companies in the World (6)


10. Ebay (NASDAQ:EBAY)

E-commerce Revenue - $ 11,803,000,000

The American MNC offers customer-to-customer and Business-to-customer formats of retail sales through its web portal. Ebay operated in over 32 countries worldwide. The companyโ€™s Revenue in the third quarter was up by 25% year-on-year.

15 Largest Ecommerce Companies in the World (7)

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Denys Prykhodov / Shutterstock.com

9. Macy's (NYSE:M)

E-commerce Revenue - $ 22,803,000,000

One of the leading Department Store chains in the US, Macyโ€™s is making its online presence felt as well. In-store sales suffered significantly this year due to the Covid crisis when major stores including Bloomingdaleโ€™s were closed. The company saw a 53% rise in online sales, however, not enough to offset the retail slowdown suffered.

15 Largest Ecommerce Companies in the World (8)

Jonathan Weiss / Shutterstock.com

8. Costco (NASDAQ:COST)

E-commerce Revenue - $ 26,052,000,000

Operating in the wholesale retail format, Costco, is the second largest retailer in the world after only Walmart. The company operates e-commerce sites in several countries including e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan, and Australia..

15 Largest Ecommerce Companies in the World (9)

(Video) TOP 60 Biggest E-Commerce Company in the World | Online Shopping

Niloo / Shutterstock.com

7. Suning

E-commerce Revenue - $ 37,622,300,000

Chinese retailer, Suning, has a major presence in China and Japan. Its E-commerce wing Suning.com is one of the top 3 largest e-commerce sites in the country. The site deals in a wide variety of product categories including home appliances, books, household commodities and cosmetics.

15 Largest Ecommerce Companies in the World (10)

Milles Studio/Shutterstock.com

6. Best Buy (NYSE:BBY)

E-commerce Revenue - $ 43,243,000,000

Best Buy occupies the retail space in the consumer electronics segment. The companyโ€™s online sales increased three fold during the second quarter of 2020 as a result of pandemic buying. Also Best Buy in-store sales picked up right after lockdowns were eased.

Click to continue reading and see the 5 Largest Ecommerce Companies in the world.

Disclosure: No Positions. 15 Largest Ecommerce Companies in the world is originally published on Insider Monkey.


Who is the largest e-commerce company in the world? โ€บ

With a market cap of over one trillion U.S. dollars, Amazon ranks first among the leading large cap e-commerce companies worldwide. According to June 2022 data, the e-commerce giant ranks ahead of Alibaba, Pinduoduo, and JD.com.

Who are the 5 largest e-commerce companies in the world? โ€บ

Largest e-commerce companies by market cap
1Amazon 1AMZN3.56%
2Alibaba 2BABA2.70%
3Meituan 33690.HK4.25%
4Pinduoduo 4PDD0.56%
56 more rows

What are the Big 4 countries in ecommerce? โ€บ

The US ecommerce market is forecasted to reach more than $904.9 billion in 2022, a little over a third of China's. After China and the US, the third-largest ecommerce market is the United Kingdom, taking up 4.8% of the retail ecommerce sales share. The UK is followed by Japan (3%) and South Korea (2.5%).

Which country is No 1 in e-commerce? โ€บ

1. China. China is the world's biggest e-commerce market, led by e-commerce subsidiaries of the Alibaba group โ€“ Taobao, Alibaba.com and Tmall. With an annual growth rate of 21%, China is also one of the fastest-growing e-commerce markets.

Who is the leader in ecommerce? โ€บ

Today, Amazon is by far the largest e-commerce company in the world by revenue.

What is the king of e-commerce? โ€บ

When it comes to e-commerce, there is no company more dominant than Amazon. Founded in 1994 by Jeff Bezos, Amazon was one of the first companies to sell goods online and has since become the world's largest retailer, with over $480 billion in annual sales.

What are the 7 big companies? โ€บ

  • Apple Inc. ( AAPL)
  • Saudi Aramco (2222.SR)
  • Microsoft Corp. ( MSFT)
  • Alphabet Inc. ( GOOGL)
  • Amazon.com Inc. ( AMZN)
  • Tesla Inc. ( TSLA)
  • Berkshire Hathaway Inc. ( BRK.A)
  • NVIDIA Corp. ( NVDA)

What is the fastest growing e-commerce? โ€บ

U.S. e-commerce annual sales growth 2022, by product category. Automobile and auto parts was the e-commerce category with the highest expected year-over-year growth between 2021 and 2022.

Which 3 countries spend the most on e-commerce? โ€บ

Who spends the most online?
RankCountryEcommerce Spend Per Capita
#1United Kingdom$4,201
#2United States$3,428
#3South Korea$2,591
6 more rows
Sep 7, 2021

Which big4 is biggest? โ€บ

With $50.2 billion of revenue earned during its 2021 fiscal year, Deloitte is the largest of the Big Four firms.

Which country is best in eCommerce? โ€บ

10 eCommerce Destinations for Merchants to Sell Into for 2022
  • China. China is the biggest and top eCommerce market in the world, with annual online sales of $672 billion. ...
  • United States. ...
  • United Kingdom. ...
  • Japan. ...
  • Germany. ...
  • France. ...
  • South Korea. ...
  • Canada.

Which one is the biggest big4? โ€บ

PwC is the largest by revenue and the most prestigious of the Big Four with a strong and established audit client base. Deloitte is just a fraction smaller than PwC.

Which country is on No 1 in technology? โ€บ

Large country ranking
RankCountryInnovation inputs
1South Korea2.74
16 more rows

Who started E commerce first? โ€บ

1979: Michael Aldrich invented electronic shopping (he is also considered as founder or inventor of eCommerce).

What is the second biggest e-commerce company in the world? โ€บ

Key takeaways: As of June 2021:
  • Amazon takes the number one spot as the biggest consumer internet and online service company globally, with a market cap of approximately $1,735 billion. ...
  • The digital commerce platform, Alibaba.com, ranked second with a market cap of $614.8 billion.
Mar 24, 2022

What are the 2 pillars of eCommerce? โ€บ

Every e-commerce business stands on 4 pillars: Profitability, Productivity, Payment, and Personalisation.

Who are the key players in the eCommerce industry? โ€บ

Some of the prominent players in the global e-commerce market are:
  • Amazon.com, Inc.
  • JD.com, Inc.
  • Apple, Inc.
  • Alibaba Group Holding Limited.
  • Flipkart Private Limited.
  • Walmart, Inc.
  • eBay, Inc.
  • Best Buy.

What is the biggest online purchase? โ€บ

In 1999, billionaire Mark Cuban bought a Gulfstream V business jet over the internet for $40 million. The purchase put him in the Guinness Book of World Records, where he still holds the title for the largest single e-commerce transaction.

Who is the father of eCommerce? โ€บ

Michael Aldrich (22 August 1941 โ€“ 19 May 2014) was an English inventor, innovator and entrepreneur. In 1979 he invented online shopping to enable online transaction processing between consumers and businesses, or between one business and another, a technique known later as e-commerce.

What are the 3 types of e-commerce? โ€บ

There are three main types of e-commerce: business-to-business (websites such as Shopify), business-to-consumer (websites such as Amazon), and consumer-to-consumer (websites such as eBay).

What are the top 10 most successful businesses? โ€บ

This can lower or even outweigh potential returns.
  • #1 Apple Inc. (AAPL)
  • #2 Microsoft Corp. (MSFT)
  • #3 Industrial And Commercial Bank Of China Ltd. (IDCBY)
  • #4 China Construction Bank Corp. (CICHY)
  • #5 Alphabet Inc. (GOOGL)
  • #6 Agricultural Bank of China Ltd. (ACGBY)
  • #7 JPMorgan Chase & Co. ...
  • #8 Alibaba Group Holding Ltd.

What are the top 10 most powerful companies? โ€บ

This can lower or even outweigh potential returns.
  • #1 Walmart Inc. (WMT)
  • #2 China Petroleum & Chemical Corp. (SNP)
  • #3 Amazon.com Inc. (AMZN)
  • #4 PetroChina Co. Ltd. (PTR)
  • #5 Apple Inc. (AAPL)
  • #6 CVS Health Corp. (CVS)
  • #7 Royal Dutch Shell PLC (RDS. A)
  • #8 Berkshire Hathaway Inc. (BRK. A)

What industry sells the most online? โ€บ

Fashion and Apparel remains the most popular eCommerce industry in the world, with sales expected to reach a whopping $1003.5 billion by 2025.

What is the future of e-commerce in the next 5 10 years? โ€บ

The expected global Ecommerce market revenue will be $3.61 trillion in 2022. According to projections, this amount will increase by 12.25% over the following years, reaching about $6.43 trillion by 2027. Also, the predicted global retail Ecommerce market revenue will be $5.7 trillion in 2022.

Which eCommerce type is the most successful? โ€บ

Business to Consumer (B2C)

This is the most popular e-commerce business model, and it typically requires the least amount of time to make a sale.

What is the biggest problem of ecommerce? โ€บ

When it comes to eCommerce, one of the biggest challenges faced is security breaches. There is a lot of information/data that is involved while dealing with eCommerce and a technical issue with data can cause severe damage to the retailer's daily operations as well as brand image.

Which country leads in online shopping? โ€บ

Not only does China have the most considerable portion of global ecommerce size and sales, but it also has quite a dominant lead as the largest ecommerce market in the world.

Which country has the largest e commerce industry? โ€บ

Presumably in 2022, China will generate the largest ecommerce revenue. It will be equal to $1.5 trillion. In second place is the United States with $875 billion in revenue.

Why is Big 4 so famous? โ€บ

Big Four refers to the top four accounting firms globally that audit more than 80% of US public companies, including Deloitte, PricewaterhouseCoopers, KPMG, and Ernst & Young. For these accounting firms, this term is used because of its huge size, good reputation, and worldwide reach in the field.

What is the salary in Big 4? โ€บ

Average Big 4 Accounting Firms Consultant salary in India is โ‚น 10.5 Lakhs for less than 1 year of experience to 5 years. Consultant salary at Big 4 Accounting Firms India ranges between โ‚น 7.3 Lakhs to โ‚น 15.0 Lakhs.

Why is Big 4 so prestigious? โ€บ

The Big 4 accounting and consulting firms work with the best companies in the world. Their clients include every company in the Fortune 500 as well as most every notable company not in the Fortune 500. This in turn means that the Big 4 are actively involved in nearly every event of significance with these companies.

What are Big 5 companies? โ€บ

Big 5 Accounting Firm means any one of KPMG, PricewaterhouseCoopers, Ernst & Young, Deloitte or Grant Thornton or their respective affiliates in India; Sample 1.

What are Big 6 companies? โ€บ

Big Six Accounting Firm means any of KPMG, PricewaterhouseCoopers, Ernst & Young, Deloitte Touche Tohmatsu, Grant Thornton and BDO, and their respective affiliates or firms associated with any of them in India; Sample 1.

Is McKinsey better than Big 4? โ€บ

McKinsey's education and technology practices are much stronger than those of BCG or Bain. But in private equity, Bain offers more. MBB have strong resources and expertise in specific areas, and candidates with different backgrounds usually have a better chance at one of them over the other consulting firms.

Who is bigger Amazon or Alibaba? โ€บ

BABA is the top e-commerce platform in China by profit, while Amazon is #1 in the U.S. by revenue as well as profit. Beyond the fact that they have similar core businesses, both Amazon and Alibaba also have cloud computing segments.

Who is the best ecommerce in the world? โ€บ

amazon.com is ranked number 1 as the most popular website in the eCommerce & Shopping category in November 2022. The average amount of time that users spend on the website is 7 minutes, and they see, on average, 10.17 pages per visit.

Who is Alibaba biggest competitor? โ€บ

While Alibaba dominates ecommerce and cloud computing services in China, Amazon dominates those industries in most other growing markets around the world. JD.com is one of Alibaba's primary domestic competitors in the ecommerce space.

What is China's Amazon called? โ€บ

Joyo.com primarily merchandised goods such as books, music and videos to consumer nationwide. In 2004 Joyo.com was acquired by the American multinational technology company Amazon.com Inc. The company was rebranded and renamed in October 2011 to Amazon China.

What store is bigger than Amazon? โ€บ

Walmart is another global giant. This big-box department store generates $514.41 billion in net sales per year. That's more than double Amazon, although a large percentage of Walmart's sales obviously come from brick-and-mortar purchases. There are more than 11,000 Walmart physical store locations across 27 countries.

Who is Amazon's biggest ecommerce competitor? โ€บ

1. eBay. eBay is a huge ecommerce platform that directly competes with Amazon for online sales. While eBay's revenue has taken a hit in recent years, in 2020 the company saw its best net revenue since 2013โ€”$10.2 billion.

What are the 2 biggest online retail companies? โ€บ

Amazon.com is leading the global e-commerce market, with a revenue of US$131,019 million in 2021 worldwide, followed by jd.com with US$118,515 million. Third place is taken by apple.com with a revenue of US$51,950 million.

Which is the world's fastest e-commerce growing market? โ€บ

Singapore and Indonesia were forecast to exhibit the largest growth, with increases in online sales of 36 and 34 percent, respectively.
Leading countries based on retail e-commerce sales growth in 2022.
CharacteristicRetail e-commerce sales growth
10 more rows
Nov 25, 2022

Which is the best ecommerce platform in 2022? โ€บ

The Best E-Commerce Platforms of 2023
  • Squarespace: Best Overall E-Commerce Platform.
  • Square Online: Best for Omnichannel Selling.
  • Ecwid: Best for Existing Sites.
  • Shift4Shop: Best Free E-Commerce Platform.
  • Shopify: Best for Dropshipping.
  • Wix: Best Drag-and-Drop Editor.
  • Weebly: Best Value.
  • BigCommerce: Best for Boosting Sales.
Nov 18, 2022

What is the 10 example of e-commerce? โ€บ

Top Examples of Ecommerce. There are some pretty major examples of ecommerce businesses that have made it big, including Amazon, FlipKart, eBay, and Myntra.

Which country is best for ecommerce? โ€บ

  1. China. China is currently the world's largest e-commerce market, contributing to nearly 52.1% of all e-commerce sales worldwide. ...
  2. Japan. ...
  3. Singapore. ...
  4. South Korea. ...
  5. Hong Kong. ...
  6. United States. ...
  7. Canada. ...
  8. United Kingdom.
Jan 6, 2022


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