TOP-10 largest online stores in the world

The 21st century has brought significant changes, one of which is the way people shop. Online shopping is becoming more and more popular, accounting for about 20%, or 1 in 5 of global retail sales. Online shopping has outperformed traditional stores in many areas and product categories, becoming the preferred shopping option for many. The convenience of online shopping is the main reason for its popularity, allowing customers to choose from a wide range of different models, products, sizes, and other options with just a few clicks. Online retailers can either sell their own products or offer their store as a marketplace for other sellers and charge for each listing or item sold. They can function as a B2C or B2B retailer, or as a marketplace for C2C transactions. The rise of online shopping around the world has transformed the global e-commerce market into a multi-billion dollar industry. Check out the 10 largest online retailers in the world, compiled based on their latest global sales, reports payspacemagazine.com.

TOP-10 largest online stores in the world

Amazon

Total online sales: $325.3 billion

Number of visits per month (online store): approx. 5 billion

Retail Type: B2C

It is headquartered in: Seattle, Washington, USA

Founded: 1994

Product Type: No Specific Focus, Almost All Types of Products

Amazon.com is a large online retailer that has come a long way since its inception as an online bookseller. Today, it offers a wide range of services that cater to different needs. For example, Amazon provides cloud computing services that allow businesses to access the computing resources they need without having to invest in expensive hardware. In addition, Amazon offers digital streaming services that provide users with access to a vast library of movies and TV shows.

Apart from these services, Amazon offers a wide range of products to meet the different needs of consumers. Consumers can purchase a wide range of products, from clothing, cosmetics, and food to electronics, pet accessories, and furniture, as well as garden and household supplies. By offering such a wide range of products and inventory, Amazon provides consumers with a one-stop shop for their shopping needs. Amazon.com is an e-commerce giant that offers a wide range of services and products to meet the different needs of consumers. Its approach to direct-to-customer sales has made the buying process more efficient, and its investment in artificial intelligence has enabled it to provide personalized recommendations to users.

JD.com

Total online sales: $135.9 billion

Number of visits per month (online store): approx. 580 million

Retail Type: B2C

Headquartered in: Beijing, China

Founded: 1998

Product Type: No Specific Focus, Almost All Types of Products

JD.com, Inc. is a well-known Chinese e-commerce company that specializes in selling a variety of products ranging from electronics, audio and video, books, to general merchandise. The company operates through two main segments: JD Mall, which is its main e-commerce business, and New Businesses, which includes a variety of services such as third-party logistics, technology, insurance, and offline online services.

In addition, the company has an online marketplace that allows third-party sellers to sell their products to customers through JD.com's website and mobile apps. In addition, JD.com provides its customers with various value-added services such as advertising and logistics, making it a one-stop shop for all shopping needs. JD.com is known for its technology-driven e-commerce business model, which has helped the company expand its reach to more than 300 million customers worldwide. The company was founded by Qiang Dong Liu in Beijing, China, on June 18, 1998, and since then, it has become a leading e-commerce company in China and beyond.

Taobao

Total online sales: $76.3 billion

Number of visits per month (online store): approx. 1.1 billion

Type of retail: B2C/C2C

It is headquartered in: Hangzhou, Zhejiang Province, China.

Founded: 2003

Product Type: No Specific Focus, Almost All Types of Products

Taobao is a huge e-commerce platform founded by Alibaba Group in 2003 that allows individuals and small business owners to sell their products online through their own stores. With over 600 million monthly active users, Taobao is not only the largest e-commerce site in the world, but it also accounts for nearly 60% of e-commerce sales. This means that Taobao is an incredibly important platform for both buyers and sellers.

Taobao is divided into two parts: Taobao Marketplace and Tmall. The first is for individuals and small and medium-sized businesses, while the second is for medium and large businesses. Both sections offer a wide range of products, from fashion and beauty products to electronics and home goods.

Taobao is often referred to as "China's Amazon" or "China's eBay." Its popularity is not limited to China as it is becoming increasingly popular among Asian and global consumers. This is due to the wide range and competitive prices on the platform, as well as a user-friendly interface and a secure payment system.

Kupang

Total online sales: $18.2 billion

Number of visits per month (online store): approx. 120 million

Retail Type: B2C

It is headquartered in: Seoul, South Korea.

Founded: 2010

Product Type: No Specific Focus, Almost All Types of Products

Founded in 2010, Coupang is a popular e-commerce company based in South Korea that has earned the nickname "Korea's Amazon." This online shopping platform has grown into the largest outdoor marketplace in the country, offering a wide range of products, from daily necessities and groceries to fashion and electronics. One of the unique features of Coupang is that sellers can not only buy products from them but also sell their products using the company's trading platform. Coupang also has its own brand products that are shipped using the Rocket delivery service. This service ensures fast delivery, with products delivered in just one day. To ensure the fastest and most efficient delivery possible, Coupang operates more than 150 distribution centers and employs drivers directly or through subcontractors. On the whole

She's in

Total online sales: $15.7 billion

Number of visits per month (online store): approx. 250 million

Retail Type: B2C

It is headquartered in: Nanjing, Jiangsu, China.

Founded: 2008

Product type: Apparel

Shein is a global fast fashion online retailer founded in China and has gained immense popularity in recent years for its trendy and trendy apparel and accessories. With a customer base spanning over 220 countries and territories around the world, Shein has established itself as a destination for fashion lovers. The company mainly specializes in women's clothing and accessories, but it also offers a wide range of other products, such as children's clothing, men's clothing, home décor, and even pet clothing and accessories.

Shein is known for its affordability and offers thousands of stylish options to choose from, catering to the fashion needs of everyone, regardless of age, gender, or taste. The company produces each style in limited quantities to avoid overstocking and waste, making it an eco-friendly option for customers who care about the environment. Shane has become a serious competitor to other popular brands such as ASOS, Zara, and H&M due to its unique style and affordable prices.

Karvana

Total online sales: $12.8 billion

Number of visits per month (online store): approx. 25 million

Retail Type: B2C

It is headquartered in Tempe, Arizona, United States.

Founded: 2012

Product type: Used Cars

Carvana Co. is a company based in Tempe, Arizona, that has created an e-commerce platform for buying and selling used cars in the United States. The company was founded in 2012 and offers a platform that allows customers to access a wide range of features and options. Customers can search and choose the perfect vehicle for their needs using Carvana's advanced search tools and innovative technology. The platform also provides financing and warranty coverage to help customers purchase the car they want. With a user-friendly interface that can be accessed from desktop or mobile devices, Carvana makes the buying process simple and convenient. After purchasing a car, customers can schedule their car to be delivered or picked up, giving them complete control over the process. Carvana offers a variety of shipping options to suit all tastes. The company is committed to providing its customers with a seamless and hassle-free car buying experience by leveraging innovative technology, a user-friendly platform, and striving for customer satisfaction. Carvana quickly became a leader in online car shopping.

Wafer

Total online sales: $12.4 billion

Number of visits per month (online store): approx. 150 million

Retail Type: B2C

Headquartered in: Boston, Massachusetts, USA

Founded: 2002

Product type: Furniture

Wayfair Inc. is a well-known e-commerce company that operates in the United States and other countries and offers a wide range of products for the home sector. The company has over 40 million products available for purchase, all sourced from different brands, and these products can be easily sourced through the company's several online platforms such as Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional. In addition to furniture, the company also offers a variety of home goods, home furnishings, and home furnishings, providing customers with a convenient one-stop shop. Founded in 2002, Wayfair Inc. has become one of the most prosperous e-commerce businesses in the world, headquartered in Boston, Massachusetts, with a team of dedicated professionals who work hard to ensure that customers receive the best possible service.

Wild berries

Total online sales: $10.8 billion

Number of visits per month (online store): approx. 320 million

Retail Type: B2C

Headquartered in: Moscow, Russia

Founded: 2004

Product Type: No Specific Focus, Almost All Types of Products

Wildberries is an online marketplace that has been around since 2004. Founded by Tatyana Bakalchuk, it initially started as a platform for selling clothing, shoes, electronics, children's products, household items, books, and beauty products in Russia. However, it has grown rapidly since then and now operates in 15 different countries, including Belarus, Armenia, Kazakhstan, Uzbekistan, and Kyrgyzstan. The company's expansion is evidenced by its recent entry into the markets of the United States and a number of European Union countries, such as France, Spain and Italy.

Tatyana Bakalchuk, the founder of Wildberries, has played a crucial role in the company's success. Her foresight and leadership skills have helped the company reach a new level. Its commitment to providing quality products and services has been the cornerstone of Wildberries' success. Today, she is the richest woman in Russia, and her success story inspires many entrepreneurs.

Zalando

Total online sales: $10.5 billion

Number of visits per month (online store): approx. 170 million

Retail Type: B2C

Headquartered in: Berlin, Germany

Founded: 2008

Product type: Shoes & Clothing

Zalando, an online fashion platform created in 2008, has become very popular in Europe. With a presence in 25 European countries, Zalando has been able to establish itself as a leading player in the online fashion industry. Its main market is Germany, Austria and Switzerland, where it generates about 40% of its revenue. Despite the growing competition, Zalando has managed to capture a significant share of the European apparel market. It currently accounts for 4% of total apparel sales and 12% of online apparel sales. This is because Zalando offers products from more than 7000 brands, giving customers a wide range of choices. To meet customer needs, Zalando has 12 fulfillment centers in Europe. This ensures that customers receive their orders in a timely and efficient manner. With over 50 million active users, Zalando has become a well-known name in the fashion industry. The company has been able to build a loyal customer base through its commitment to providing superior customer service and high-quality products. Due to its strong brand reputation, Zalando is expected to remain a dominant player in the online fashion industry in the future.

eBay

Total online sales: $10.4 billion

Number of visits per month (online store): approx. 1.5 billion

Retail Type: C2C

It is headquartered in San Jose, California, United States.

Founded: 1995

Product Type: No Specific Focus, Almost All Types of Products

eBay is a leading e-commerce platform that has been in business for over 25 years. It operates numerous market platforms within the U.S. and abroad. With the help of eBay's online marketplace ebay.com and mobile apps, the company has developed an innovative and user-friendly platform that allows people to list, buy, and sell different types of items with ease. This has made eBay a go-to destination for online shoppers looking for a diverse selection of items. eBay offers a wide range of products, including clothing, electronics, collectibles, and home goods, that cater to the diverse needs of users.

Over the years, eBay has grown from a small startup to a global giant, with millions of buyers and sellers using its online marketplace. This has made eBay a reliable platform for online transactions around the world. To provide a seamless experience for its users, eBay provides a range of services, such as shipping and payment processing. This not only saves users time, but also ensures the safety and reliability of transactions.