The 10 Largest E-Commerce Companies In The World,

Second only to Amazon, Walmart US achieved e-commerce sales of $47.8 billion in 2022, up approximately 11% from 2021. eBay, which has a market cap of $28 billion , receives approximately 1.7 billion visitors per month. Etsy currently has a cap market of $13.75 billion and annual revenue of $2.4 billion.

With the digitalization boom in recent years, e-commerce companies have grown by leaps and bounds and moved into the center of retail.

Market analysts predict that the global e-commerce volume will increase by 50% and reach around $7.4 trillion by 2025.

Amazon leads this worldwide trend with total Q2 2022 net sales of more than $121.2 billion.

So, are you curious about the biggest e-commerce companies in the world that are driving the overall B2C market?

1. Amazon – market cap of $1.65 trillion

You can find almost anything to buy on Amazon.©Sundry Photography/

Amazon, the world’s largest e-commerce gateway that sells virtually everything from books to groceries to mobile devices, continues to dominate the global market.

Additionally, compared to the company’s 2020 net income of $21.3 billion, the company’s 2021 revenue increased to $33.4 billion.

In addition to consistently increasing its year-on-year revenue, Amazon has also seen a significant increase in monthly website visits.

The number of Amazon visitors via desktop and mobile increased to around 2.4 billion in May 2022 from 2.3 billion the previous month.

On average, visitors to the e-commerce giant’s online platform website spend 7 minutes per visit and browse 8.58 pages.

2. Walmart – market cap of $361 billion

Walmart has recently expanded into the e-commerce market.©Novikov Aleksey/

While it is most recognized as the largest hypermarket chain in the world, in recent years Walmart has made massive investments in e-commerce through acquisitions and expansion of grocery pickup and delivery services.

Walmart’s e-commerce site received an average of 410 million hits per month in 2021.

Walmart US reported e-commerce sales of $47.8 billion in 2022, representing a jump of approximately 11% year-over-year.

3. Alibaba – Market cap of $246 billion

Alibaba Group Holding Limited is a Chinese e-commerce company founded in 1999 by Jack Ma.©hxdbzxy/

Alibaba is one of the preferred online retailers in the fast growing eCommerce industry.

Alibaba was founded in 1999 by former English teacher Jack Ma, who pooled $80,000 from 80 investors to build an online marketplace for Chinese companies.

He is currently on the Forbes list at number 67, accumulating a net worth of $22.8 billion.

Alibaba Group owns a variety of companies that provide services such as e-commerce platforms, cloud services, self-managed retail chains and logistics networks.

Alibaba’s 2022 net revenue increased 23% year-over-year to more than $134 billion.

In 2021, Alibaba generated $109 billion in sales revenue, up 52% ​​from 2020.

Alibaba saw 28% growth in 2019 annual sales to $72 billion in 2020.

4. Meituan – market cap of US$137 billion

Meituan was the first group buying site in China.©Keitma/

Meituan (formerly known as Meituan-Dianping) is a Chinese online marketplace for locally sourced retail consumer goods and services such as dining, entertainment, delivery, travel and more.

The company serves more than 130 million active customers annually.

The second quarter of 2021 saw Meituan’s revenue increase from US$6.16 billion to US$7.13 billion, representing an increase of 16.4%.

Despite the relative slowdown in the Chinese domestic market of late, Meituan managed to increase its revenues for the main local trade segment by 9.2% in the second quarter of 2022.

5. Pinduoduo – market value of US$ 89 billion

Pinduoduo, a company from China, sells everything from fresh vegetables to technology.©rafapress/

In 2021, Pinduoduo averaged 241.5 million visitors per month.

The company currently commands a market cap of $89 billion.

In 2022, Pinduoduo recorded revenue growth of 36% and practically tripled its net income compared to the previous year.

6. (Jingdong Mall) – market cap of US$87 billion is a Chinese e-commerce company. is one of Alibaba’s main rivals as one of China’s top online retailers.

The platform reported net revenue of $5.1 billion in the third quarter of 2020.

In 2021, the company had 179 million monthly visitors on average and recorded $33.9 billion in net revenue, representing a jump of 43.3%.

As of September 2022, Jingdong Mall’s financial reports indicate that the company’s current revenue is US$155 billion, and its market value reaches US$87 billion.

The company generated $147.29 billion in revenue in 2021, which represented a substantial increase from $109 billion in revenue in 2020.

7. Shopify – market cap of $42 billion

Shopify is an eCommerce platform that helps businesses market their stores online.©Funstock/

Shopify is a comprehensive and expert worldwide e-commerce platform that has been helping businesses of all types launch, expand and market their online stores.

With a current market cap of over $42 billion, Shopify is one of the largest eCommerce companies in the world.

Its financial numbers for Q2 2021 revealed year-over-year growth of 57% with total revenue of $1.2 billion.

As of June 30, 2022, the company’s monthly recurring revenue (MRR) is $107.2 million.

Flipkart is an e-commerce website from India.©Burdun Iliya/

Flipkart, India’s leading local e-commerce startup, received over 176 million monthly visitors in 2021, making it one of the top e-commerce websites in the world.

With its online business now controlled by Walmart, Flipkart saw a 25% revenue increase in 2021.

The company’s marketplace, IT and e-commerce services contributed significantly to its overall revenue.

Flipkart’s current net worth as a private company is around $40 billion.

9. eBay – market cap of $28 billion

eBay is an American multinational corporation and e-commerce company that provides consumer-to-consumer and business-to-consumer sales services.©StockStudio Aerials/

One of the most popular e-commerce sites in the world in 2021, eBay receives an average of 1.7 billion visitors per month.

The company’s market cap as of January 2022 was US$41.5 billion, a substantial jump from US$34.6 billion and US$29.6 billion in 2021 and 2020, respectively.

Currently, eBay commands a market capitalization of around $23 billion.

Since making changes to its platform in recent years, eBay has started to operate more like Amazon.

Sea Limited – market cap of $27 billion

Sea Limited is a consumer internet company with branches in gaming, e-commerce and digital finance services.©Wirestock Creators/

Sea Limited is a Singapore-based online video games, e-commerce and financial services company operating under popular brands: Garena, Shopee and AirPay. Sea’s (Garena) market capitalization as of September 2022 was nearly $35 billion.

In the third quarter of 2021, Sea Limited’s eCommerce division generated $1.5 billion in revenue, representing year-over-year growth of 134%.

Its gross market value (GMV) increased 80% year-over-year to $16.8 billion.

Suning Commerce – market cap of $18 billion

Suning is a hybrid retailer in China.©dailin/

Among Suning’s online storefronts are Plaza and Suning Retail Cloud Store.

According to estimates, the company’s overall sales in 2020 were $36 billion.

Trendyol – market cap of $16.5 billion

Turkey’s largest e-commerce site, Trendyol, is operated by a Turkish technology company.

Trendyol receives an average of around 220 million visitors annually.

Visitors typically browse 7 web pages during their visit and spend about 7 minutes on the site.

Alibaba, the global leader in e-commerce, backs the company with technical know-how.

Etsy – market cap of $13.7 billion

Etsy’s total market cap was $13.75 billion as of September 2022.

Etsy’s most recent financial reports show that the company’s current annual revenue is $2.4 billion.

The company generated $2.3 billion in revenue in 2021, a sharp increase from $1.7 billion in revenue in 2020.

Allegro – market cap of $6 billion

Allegro, one of Europe’s most prominent online marketplaces and Poland’s most popular shopping site, averaged 190 million monthly visitors in 2021.

Allegro’s market capitalization as of September 2022 is $5.51 billion.

The company generated $1.35 billion in revenue in 2021, a significant increase from the $1.02 billion in revenue recorded in 2020.

Allegro’s most recent financial reports show the company’s current revenue at $1.38 billion.

Zalando – market cap of $5.6 billion

Zalando is a European online fashion retailer. ©nitpicker/

Zalando, a leading online fashion retailer in Europe, received more than 134 million monthly visitors in 2021.

Zalando provides eCommerce services in 23 European countries.

Business revenue during the second quarter of 2021 exceeded 2.7 billion euros, representing a jump of 34% compared to the same quarter of 2020.

Zalando’s market capitalization was $5.62 billion as of September 2022.

In the first quarter of 2022, the company generated over €2.2 billion in revenue.

Based on this, the field continues to become more and more competitive with the arrival of new global players each year, and only the technologically agile and customer-oriented eCommerce companies will survive and thrive in this competitive environment over time.

Summary of the 15 largest e-commerce companies in the world

Scroll to Top