Introduction
Most importantly in this article, I want to show you the ideas behind the big Wales of top eCommerce companies in the world. So let’s have a look here at the countdown of the world’s top e-commerce companies according to wikipedia.com which are making billions of dollars in revenue. Moreover, have a look at their ideas which are so successful still now. secondly, the analysis of e-commerce companies will teach you the behalf of authentic research so you can move forward like these top ecommerce companies in the future.
Furthermore, look at the founders’ names with a little overview, of their stories. Learn How to do e-commerce In this article get some enthusiastic ideas and start something on your own to fulfill your desires because if you don’t start you never finish taking a survey on how much Successful these e-commerce companies are now. you can also check my article on how to get the best e-commerce website design guide. Check out the list of top eCommerce companies and learn to become one of them in the future.
#1: Amazon is at the top among eCommerce companies
| 1: Amazon | Revenue USD B$ $386.06 | Market Capacity USD B$ $1,668 | Founder Jeff Bazos | Country America |
Most Important Amazon is the leading marketplace on the planet for e-commerce founded in 1994. Millions of people work with Amazon in the fulfillment services, such as a retailer, wholesalers, or affiliate sellers. Teams around the world of Amazon make sure every day to meet people’s desire for lower prices, better selection, and convenient services. Moreover, One-way Amazon guarantees a wide selection of products through the 1.7 million small and medium businesses around the world selling on Amazon.com and offering more options for customers.
Secondly, I want to say Amazon wants to make it as simple as possible for people to get the skills they need to advance in their jobs. Furthermore, Amazon made two significant investments to help people achieve their goals by 2025. Therefore, Amazon company invested more than $1.2 billion to provide free education and skills training to more than 300,000 of their own employees in the United States. Because Amazon wants to allow them to acquire new, high-growth employment because of hype in the market. Lastly, they are also spending hundreds of millions of dollars on public projects to deliver free cloud computing skills training to 29 million people throughout the internet in the world.
#2: JD.com is of the top eCommerce companies in China
| 2: JD.com | Revenue US B$ $114.97 | Market Capacity US B$ $115.96 | Founder Liu Qiangdong | Country China |
Firstly, JD.com was founded in 1998, it was formerly known as 360 Buy and is known as Jingdong a Chinese e-commerce corporation based in Beijing China. It is a Fortune Global 500 company and a prominent competitor to Alibaba’s Tmall. However, it is one of China’s two largest B2C online retailers by transaction volume and revenue. In conclusion, JD.com sets the bar for online shopping with its dedication to quality, authenticity, and a diverse product selection that includes everything from fresh food and clothing to technology and cosmetics.
#3: Ali Baba Group in retailers top E-commerce companies in the world
| 3: Alibaba | Revenue US B$ $71.99 | Market Capacity US B$ $619.84 | Founder Jack Ma | Country China |
Firstly, Ali Baba is one of the largest retail companies in the e-commerce industry, Alibaba Group Holding Limited is a Chinese multinational technology corporation. Moreover, it specializes in e-commerce, retail, Internet, and technology. The Ali Baba company, which was founded on June 28, 1999, in Hangzhou, Zhejiang, furthermore offers web-based consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B). Their services are for sales improvement, as well as electronic payment systems, shopping search engines, and cloud computing services. Lastly, I want to tell you that It owns and operates a wide portfolio of businesses in a variety of industries around the world.
#4: Suning.com
| 4: Suning.com | Revenue US B$ $38.06 | Market Capacity US B$ $13.47 | Founder Zhang Jindong | Country China |
Most importantly, Be aware of how your ideas are related to each other Suning.com was founded in 1990. Moreover, Originally Suning Commerce Group Co Ltd is based in Nanjing, Jiangsu Province, and is one of China’s largest non-government merchants. Furthermore, Suning has over 10,000 outlets around the country, and its e-commerce site, Suning.com, is one of China’s top three B2C enterprises. Moreover with a delivery network spanning 351 cities, 2858 districts, and counties throughout China. However, Suning.com Logistics is one of the country’s major retail logistics organizations.
#5: The Otto Group is one of the top eCommerce companies in Europe
| 5: Otto group | Revenue US B$ $18.27 | Market Capacity US B$ $ 16.97 | Founder Warner otto | Country Germany |
The Otto Group With around 50,000 people and 15.6 billion euros in sales, the Otto Collection is a worldwide active group of merchants and retail-related service providers. So otto group was founded in 2005 and It operates in more than 30 countries across Europe, North and South America, and Asia through 30 major company groups.
Furthermore, the Otto Group is one of the world’s top online retailers, with online sales of 9.9 billion euros. The journey from a small shoe retailer in Hamburg to an international group of companies. However, the history of the Otto Group is unique and closely connected to the Otto family. Because the Otto Group is in the midst of digital transformation. This group has aligned its activities in the business areas of Multichannel Retail, Financial Services, and Services with the needs of today’s e-commerce sector. In the last, Always bearing the welfare of people and nature in mind is what sets us apart.
#6: Meituan.com is one of the top Chinese eCommerce companies
| 6: Meituan.com | Revenue US B$ $17.68 | Market Capacity US B$ $219.63 | Founder Wang Xing | Country China |
The Meituan, China’s first group buying website, was launched in March 2010 in Beijing. However, Meituan is now China’s largest provider of local services, with a dominant market position, phenomenal annual turnover growth, and over 130 million active purchasers per year. Just like Groupon, Yelp, and Uber Eats, the app integrates a variety of services such as ordering meals, booking hotel rooms, and organizing transportation in the country. Lastly, Throughout the 4.7 million merchants who have joined the platform, allow Meituan to generate revenue through commissions and delivery fees.
#7: Wayfair
| 7: Wayfair | Revenue US B$ $14.15 | Market Capacity US B$ $31.92 | Founder Niraj Shah | Country America |
In the beginning, Steve Conine and Niraj Shah met as high school students at Cornell University’s summer program. Both of them moved on to Cornell to study engineering and instantly became friends while living in the same hostel as freshmen. Steve and Niraj both enrolled in an entrepreneurism class during their final semester of college, which prompted a business idea that developed into their first company and, eventually, established the foundation for creating and expanding multiple businesses in the technology sector.
Furthermore, Wayfair was started in a spare bedroom of Steve’s house in 2002 because of a low budget. Moreover, Steve and Niraj saw a market potential to offer stereo racks and stands online after carefully examining Internet search patterns and results. In conclusion, What would become the world’s greatest e-commerce destination for home furnishings and decor began as a single website and quickly expanded to over 250 separate sites selling anything from barstools to birdhouses.
#8: Rakuten is at top of eCommerce companies in Japan
| 8: Rakuten | Revenue US B$ $13.48 | Market Capacity US B$ $19.34 | Founder Hiroshi Mikitani | Country Japan |
Firstly, Rakuten began as an e-commerce site in Japan in 1997. In the twenty years afterward, it has grown its international presence through the same innovation and entrepreneurship that has powered the company since its birth. Secondly, It’s an online marketplace where individual merchants can offer their products to individual clients. In conclusion, Rakuten’s key success element was assisting Japanese brick-and-mortar businesses who wanted to create their own specialized internet stores.
#9: Wildberries is a top Russian e-commerce company
| 9: Wildberries | Revenue US B$ $10.8 | Market Capacity US B$ $14.52 | Founder Tatyana Bakalchuk | Country Russia |
At first, Tatyana Bakalchuk founded the company in 2004. She started the company in her Moscow flat at the age of 28 while on maternity leave from teaching. Moreover, she recognized how difficult it was for her and other young mothers to shop for clothes for themselves with a newborn at home. Therefore Wildberries is Russia’s most popular internet marketplace, with over 17 orders every second. According to the company’s website, orders above $50 will receive free delivery in the United States, and although items will take 8 to 12 working days to arrive DHL, a logistics company, offers a faster delivery option of 3-5 working days for $20. As a result, Wild Berries store is on the world’s top countdown.
#10: eBay
| 10:Ebay | Revenue US B$ $10.27 | Market Capacity US B$ $14.52 | Founder Tatyana Bakalchuk | Country Russia |
In the beginning, Omidyar founded eBay, formerly known as Auction Web, on the Labor Day weekend in 1995. When he offered his laser printer for $1, there was no buyer for a week, but after some days buyers began to weigh in, raising the price of the dented printer to $14.83. Moreover, Omidyar believed he was onto something huge right away. In conclusion, the success of eBay can be traced to its innovative business model, which allows people or businesses to offer new or used things for auction for a little charge. For example, in the beginning, eBay was a huge success. What was the very first item that ever sold on eBay? a broken laser pointer was the first item to be sold on eBay.
#11: Zalando.com is a German second largest E-commerce company
| 11:Zalando | Revenue US B$ $7.98 | Market Capacity US B$ $27.37 | Founder Robert Gentz & David Schneider | Country Germany |
Firstly, Zalando was originally known as Ifansho when it was created in 2008 by Rocket Internet. The name was changed to Zalando, a play on the Italian word zalare meaning “making jokes”.Furthermore, The Zalando store began as a footwear retailer, modeled after Zappos.com in the United States. Zalando’s website sells only genuine stuff That’s the key to their success they only do business with reliable manufacturers who produce high-quality goods. For example, Zalando doesn’t sell replicas, rip-offs, or copies. Lastly, employee involvement is a recognized basis of their work culture and a crucial element of our success at Zalando most precious asset is our staff of over 17,000 workers, and our company is what each of us builds of it.
#12: Chewy
| 12:Chewy | Revenue US B$ $7.15 | Market Capacity US B$ $33.05 | Founder Ryan Cohen & Michael Day | Country America |
In the beginning, Ryan Cohen and Michael Day established Chewy in June 2011 under the name “Mr. Chewy.” Former Amazon, PetSmart, Whole Foods Market, and Wayfair employees and executives were hired. Why Chewy is so successful? Because of its unique branding and exceptional customer service. For instance, the company’s brand recognition has grown personalized handwritten notes and oil paintings of pets are two unique personal touches. Lastly, Chewy constructed warehouses to expedite order fulfillment, sent personalized handwritten notes, and even painted oil paintings of pets. In conclusion, do something extra for your customers.
#13: Coupang is South Korean top e-commerce comany
| 13:Coupang | Revenue US B$ $6.23 | Market Capacity US B$ $38.87 | Founder Bom Suk Kim | Country America & South korea |
Coupang was founded by Bom suk Kim in 2010. Kim registered Coupang as a limited liability company in the US, allowing it to access US funding. The Coupang has become a platform for many startups in Korea to grow not only their brands but their customers as well. Because they not only provide logistical support but also payment services storage, and 24-hour customer service. Therefore businesses in Korea can focus more on their core business, while Coupang takes care of the rest. In conclusion, Coupang is committed to conducting business in an ethical, transparent, and professional manner, and in compliance with laws, regulations, and policies.
#14: Carvana
| 14:Carvana | Revenue US B$ $5.59 | Market Capacity US B$ $45.65 | Founder Ernest C. Garcia | Country America |
In the beginning, Ernest Garcia, Ryan Keeton, and Ben Huston created Carvana in 2012. DriveTime, a used automobile retailer and loan provider, provided the company with its first round of funding. However, Carvana launched its first automobile vending machine in November of 2013. Moreover, Carvana is a Tempe, Arizona-based online used automobile reseller. Furthermore, the company is recognized for its multi-story automobile vending machines and is the fastest-growing online used car dealer in the United States. Lastly, Carvana was recently added to the Fortune 500 list for the year 2021, making it one of the list’s youngest additions.
#15: Asos.com
| 15:Asos.com | Revenue US B$ $4.52 | Market Capacity US B$ $7.1 | Founder Nick Robertson & Andrew Regan, | Country England |
At first, ASOS is a fashion and cosmetics retailer based in the United Kingdom. The company was started in London in 2000 and caters mostly to young adults. Moreover, it only sold imitations of apparel from those mediums, for example, Brad Pitt’s red leather jacket from the 1999 film Fight Club. ASOS was initially known as AsSeenOnScreen with the tagline “Buy what you see on film and TV.
In the last ASOS is one of the most well-known B2C companies that have a strong employee advocacy program. Their accomplishment is by transforming stylists into social media influencers in their own rights, importantly appreciating them while leveraging their reach. In conclusion, the robust staff of stylists at ASOS contributes to the company’s success.
#16: Sea Limited is the top Singapore e-commerce company
| 16:Sea.com | Revenue US B$ $4.38 | Market Capacity US B$ $128.07 | Founder Forrest Li | Country Singapore |
Forrest Li Xiaodong is a Chinese wealthy businessman from Singapore. Garena and Shopee, both owned by Sea Limited, were founded by him. The sea began as Garena, a gaming development and publishing business best known for the game Free Fire. However, Sea’s stock has plunged 65.5 percent since then as a result, including Tencent’s reduction in its ownership, operational instability in India, and an increase in the company’s net loss.
Lastly, Sea recorded a net loss of more than $616 million in the fourth quarter of 2021, up from $525 million the previous year. Furthermore, Sea Limited employs a total of 33,800 people across all of its sites. Alibaba, Tencent, Ruckus Media Group, and AppYea are among Sea’s main competitors.
#17: Pinduoduo
| 17:Pinduoduo | Revenue US B$ $4.33 | Market Capacity US B$ $167.04 | Founder Colin Huang | Country China |
Pinduoduo is China’s fastest-growing eCommerce startup, eventually reaching unicorn status just two years after launching. By 2017, it had a GMV of about $15 billion, an accomplishment that took Alibaba’s Taobao marketplace and JD.com 5 and 10 years to achieve, respectively. However, through its interactive purchasing experience, it has built a platform that connects farmers and wholesalers with consumers directly. On the other hand, Pinduoduo customers received fruits and vegetables from approximately 12 million farmers in 2019.
In conclusion, Pinduoduo generates revenue through web marketing, transaction services, and retail sales. The company’s business plan is based on a marketplace. At the last, it connects customers with suppliers or merchants on its platform. It is then rewarded for making such transactions possible.
#18: Shopify is Canada’s Top e-commerce company
| 18:Shopify | Revenue US B$ $2.93 | Market Capacity US B$ $133.22 | Founder Tobias Lütke & Scott Lake | Country Canada |
Tobias Lutke and Scott Lake started Shopify in 2006 after failing to open Snowdevil, an online snowboarding equipment company. while Lutke, a computer programmer by trade, was dissatisfied with the current e-commerce goods on the market therefore he decided to create his own. Moreover, Shopify has built a SaaS business based on subscription fees and transaction volume growth. They have succeeded because of their ability to predict what the market wants and respond fast with useful products. In conclusion, many people earn a passive income through Shopify’s well-established affiliate program. It is a simple program to join, and once you do, you may earn up to $2000 for each new merchant you suggest to Shopify.
The last most important question Is Shopify a Good eCommerce Platform for Beginners? However, the answer is Yes! Shopify is one of the most user-friendly e-commerce platforms for newbies and small business owners that are just getting started with their online store.
#19: Overstock is one of the top furniture eCommerce companies
| 19:Overstock | Revenue US B$ $2.55 | Market Capacity US B$ $2.89 | Founder Patrick M. Byrne | Country America |
In the beginning, Patrick Byrne bought Deals.com, a company that specializes in disposing of excess goods, in 1999. Overstock.com was given a new name and relaunched. On the other hand, Overstock began as a straight bet on online retail operations, relying on a low-cost business model involving the sale of leftover goods from factories and other retailers at reduced costs. However, Overstock.com Inc. is a technology and internet retailer. In conclusion, it’s an e-commerce shop that sells a variety of home goods such as furniture, home decor, bedding and bath, home maintenance, outdoor, kitchen, and dining items, at affordable costs.
What caused Overstock’s downward slide?
The Price Drop at Overstock Appears To Be A Buying Opportunity
Inflation fears, supply chain issues, and discretionary income appear to be the root causes. Positive investors may see this huge decline as an opportunity to get in.
#20: Wish.com
| 20:Wish.com | Revenue US B$ $2.54 | Market Capacity US B$ $8.09 | Founder Peter Szulczewsk | Country America |
Above all, Piotr Szulczewski, a former Google employee, founded Wish as a software firm named ContextLogic. furthermore, Wish was the most downloaded e-commerce app in the United States in 2017. The NBA’s Los Angeles Lakers struck a multi-year deal with it. However, Wish was the most downloaded e-commerce app in the world in 2018, and the company’s sales increased to $1.9 billion. Wish was the third-largest e-commerce site in the United States in terms of sales as of 2019.
Moreover, Wish’s marketplace has over 1 million merchants who list their products to sell directly to consumers. In the United States, the majority of the items sold through the app come from China and other non-American wholesalers. The products are frequently smaller and less expensive to transport, according to a deal between China Post and the United States Postal Service that reduces shipping charges for packages weighing less than 2 kg. For clients who value savings over the speed of delivery, Wish offers express shipping in 5 days, or 6–8 days in select situations, as well as normal shipping in 2–3 weeks.
In conclusion, Wish was attempted to be purchased by both Amazon and Alibaba. In 2015 and 2016, both Amazon and Alibaba approached Wish with buyout bids. Likewise, Wish was reportedly offered $10 billion by Amazon, which was approximately three times its private valuation at the time.
What we learned
Above all stories, there is only a vision and a legacy of doing something. All the list above earn billions $ and they start from zero so why we can’t do this They are only successful just because of consistency and They are not smarter than you so just pick up one idea and start archiving your dreams with e-commerce fix team. Be yourself everyone else is already taken, Hope you learn something from this article let me know in the comments Good luck.