Top 5 Global e-Commerce Platforms in 2020

The introduction of E-commerce platforms has transformed the world of shoppers and shopping. E-commerce websites are like online shops, signifies selling and purchasing over the web. An e-commerce business uses a web portal or an app as a means to exhibit its products. They even categorize the products or divides them into a list.

Well, some of the most popular e-commerce companies across the world are Amazon, JD.com, Alibaba, Walmart, and eBay. Now let’s discuss one by one in detail.

The e-commerce company established in 1994, employs in the retail sale of consumer products globally. The e-commerce giant functions via Amazon Web Services (AWS), International, and North America segments. Besides this, it is a producer and seller of various electronic devices.

The company also offers other services like storage, database, compute. Amazon also provides a broad array of other AWS services along with advertising, digital content subscriptions, co-branded credit card agreement services, and publishing. The company bestows the Amazon Prime membership program through which the Prime members get amazing discounts.

Some of the notable services are free music, movies, free and fast shipping of products, access to streaming of TV shows, and other services.

• AWS Elemental MediaConvert has currently available in Northern California, Virginia, Ohio, Oregon, Canada, India, South Korea, Singapore, Sydney, Tokyo, Frankfurt, Ireland, London, and São Paulo to name a few.
• Amazon.com Inc. bought Ring smart doorbell maker, which is Amazon’s second-largest acquisition ever for around US$ 1.2 Billion and US$ 1.8 Billion.

• The e-commerce giant ships around 1.6 million packages every day.
• 1 out of every 4 adults in the US has an Amazon Prime subscription.
• As of June 2019, there are 105 Million prime users in the US.
• There were around 2,150 million visits to Amazon.com in October 2019
• Brand value of Amazon in 2019 was approximately 315.51 billion US$

The company retails machinery, chemicals, consumer electronics, sports products, apparel, and a broad range of other products globally. Alibaba’s business model includes 3 giant websites: Taobao, Tmall, and Alibaba.com. The Chinese retailer has another set of subsidiaries, which include Aliexpress, Alibaba Cloud, Alimama, Cainiao Network, and Ant Financial.

Alibaba has 721 million monthly active users. Apart from this, there are 654 million annual active customers. According to Market.us, Alibaba has a market value of 480.8 billion US$. In the current year, Alibaba has a brand value of up to 131.25 Billion US$. Being a Chinese e-commerce giant, Alibaba Group Holdings Limited functions best in China.

It is a top e-commerce company that offers a broad range of products, including small appliances, apparel, musical instruments, electronic products, houseware, pharmaceutical products, automotive tools, and others. Walmart’s main aim is to offer a unique shopping experience over the internet.

Walmart earns an average revenue of up to 1.8 Mn US$ per hour. It serves more than 200 Mn consumers every week, through more than 10,400 stores in 27 countries. It has a workforce of around 2.2 million across the globe among which 1.4 million workers are in the US. An average family with four members spends more than 4,000 USD every year at Walmart.

Around 308 million people visited the retail store. Walmart has a market cap of 296.1 billion US$. If Walmart could be a country, it would be the 28th largest economy across the world. Having a massive workforce in the US, Walmart leads the American market.

The so-called Jingdong functions through New Business and JD Retail segments globally. The wide range of products offered by JD.com includes home appliances, mobile handsets, desktops, laptops, furniture, printers, cosmetics, luxury goods, sports gear, fitness equipment, nutrition supplements, and much more.

Apart from this, Jingdong works as an online marketplace for third-party sellers to sell a massive variety of products to consumers. As of 30 April 2018, JD.com had around 170,000 merchants, and a total of 163,543 full-time employees as of 31 March 2018, on its online marketplace.

JD.com has aligned with more than 600,000 physical stores to provide an O2O shopping experience to customers. On 1 January 2019, the company adopted the new lease standard ASC 842, using the optional transition method. JD.com operates over 550 warehouses covering a collective gross floor area of around 12 Mn square meters in China.

As of Q3, 2019, Jingdong has more than 334 million active users. Notably, JD.com has a workforce of more than 137,000 employees. 100% net sales via JD.com are generated in China. Jindong offers a quick delivery service, 90% of orders are deployed on the same or the next day of purchase.

The company secures the first position among various Chinese retailers, along with having a CAGR of 37% by the end of 2018. Jingdong has more than 500 delivery stations as well as bulky items warehouses in 70 cities. Notably, some of the major platforms like Google, Baidu, WeChat, TikTok, Sina Weibo, Tencent QQ, iQIYI, belong to Jingdong’s audience network.

eBay is one of the leading e-commerce companies worldwide by offering a user-friendly portal to its customers. The main aim is to provide a C2C and B2C e-commerce facility. eBay serves as an online marketplace where consumers and businesses come together to purchase and sell the products.

The e-commerce company hosts around 25 million sellers from which up to 7 million sellers are in the US. eBay secures more than 180 million users across the globe. Even more, around 35% of mobile users across the US use eBay’s app.The platform offers up to 19,000 shopping deals per day.

Besides, eBay’s international shipping center delivers around 20,000 packages every day.

Some interesting facts regarding e-commerce websites:

• As of August 2019, in southeast Asia, more than 150 million people have purchased or sold items online.

• In southeast Asia, e-Commerce orders account for a massive 5 million every day.

• As of June 2019, orders worth 128 USD were placed through desktop, 96.88 USD via tablet, and orders worth 86.47 US$ were placed through mobile phones.
• As of January 2019, 37.9% of customers have made 1-25% of the time, a purchase based on an ad over the web or some social media.