The growth of online shopping platforms is moving people away from brick-and-mortar stores.
By 2025, e-commerce is expected to account for 21.9% of global retail sales, amounting to more than $7,528 billion.
If you want to save money and increase sales, selling with one of the world’s leading e-commerce companies is a great option. Sellers have the potential to reach more customers in both domestic and international markets.
There are between 12 and 24 million e-commerce firms worldwide. Some of these are dropshipping websites with annual sales of $1,000 to $5,000, including Amazon, the world’s largest internet company.
Look at the top 5 e-commerce companies in the world.
5. Holdings PDD, Inc. (NASDAQ:PDD)
Market Capitalization, 2024: $172.58 billion
Global e-commerce giant PDD Holdings Inc. (NASDAQ:PDD) is one of the biggest. The organization changed its name to Pinduoduo Inc. in February 2023. Ireland serves as its base. Temu is an online marketplace, and Pinduoduo is an e-commerce platform owned by the company. The market capitalization of PDD Holdings Inc. (NASDAQ:PDD) is $172.58 billion.
4. Alibaba Group Holding Limited (NYSE:BABA)
Market Capitalization, 2024: $193.85 billion
One of the largest e-commerce companies in the world, Alibaba Group Holding Limited (NYSE:BABA), has a market valuation of $193.85 billion. China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives are the company’s seven business segments. The company operates a number of well-known online wholesale marketplaces, including Tmall Global, Freshippo, Daraz, Trendyol, AliExpress, and Lazada.
3. The Home Depot, Inc. (NYSE:HD)
Market Capitalization, 2024: $372.85 billion
Retailer of home improvement products with a significant online presence is The Home Depot, Inc. (NYSE:HD). The company sells its home improvement items online at blinds.com, thecompanystore.com, homedepot.com, homedepot.ca, and homedepot.com.mx. Founded in 1978, The Home Depot, Inc. (NYSE:HD) is headquartered in Georgia.
2. Walmart Inc. (NYSE:WMT)
Market Capitalization, 2024: $478.6 billion
Walmart Inc. (NYSE:WMT) is No. 2 on our list of the world’s best e-commerce companies Included in The company retails and wholesales its products worldwide. The company operates through three segments: 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: $1.81 trillion
On our list of the best e-commerce companies worldwide, Amazon.com, Inc. (NASDAQ:AMZN) comes in #1. Its headquarters are in Washington, United States, and it was established in 1994. The business provides subscription-based services, advertising materials, and consumer goods. It also does retail business through both physical and online stores. The market capitalization of Amazon.com, Inc. (NASDAQ:AMZN) is $1.81 trillion.