What is eCommerce website?
Ecommerce website, also known as an electronic commerce website, is a website that allows businesses and individuals to buy and sell goods and services over the internet. Ecommerce websites typically have a shopping cart functionality, allowing customers to add items to their cart, view the total cost of their purchase, and proceed to checkout. Payment can usually be made using credit cards, PayPal, or other electronic payment methods. Some popular examples of ecommerce websites include Amazon, Alibaba, and eBay.
eCommerce Website Activities:
- Business-to-Consumer (B2C) ecommerce, where businesses sell products to individuals
- Business-to-Business (B2B) ecommerce, where businesses sell products or services to other businesses
- Consumer-to-Consumer (C2C) ecommerce, where individuals sell products or services to other individuals
- Government-to-Business (G2B) ecommerce, where government agencies sell products or services to businesses
Top 10 eCommerce website:
Ecommerce has become an integral part of our daily lives. With the rise of the internet and mobile technology, shopping online has never been easier. In this article, we will take a look at the top 10 ecommerce websites in the world.
- Amazon:
Amazon is the world’s largest ecommerce platform, with a market share of 38%. The site offers a wide range of products, from books and electronics to clothing and home goods. Amazon also offers a variety of services, including streaming video and music, and grocery delivery.
Founder: Jeff Bezos and Andy JassyFounding Time: July 5, 1994Country: USATotal Customer: 310 millionAnual Revenue: $469.82 BillionWebsite: www.amazon.com - Alibaba:
Alibaba is a Chinese ecommerce giant and the world’s second-largest ecommerce platform. It operates a number of different marketplaces, including Taobao and Tmall, which offer a wide range of products and services.
Founder: Jack Ma
Founding Time: 28 June 1999
Country: ChinaTotal Customer: 305 millionAnual Revenue: $134.56 BillionWebsite: www.alibaba.com - Ebay:
Ebay is one of the oldest ecommerce platforms, and it is still going strong. The site offers a wide range of products, from electronics and collectibles to fashion and home goods. Ebay also has a strong focus on second-hand and vintage items, which sets it apart from other ecommerce platforms.
Founder: Pierre Omidyar
Founding Time: September 3, 1995
Country: USATotal Customer: 135 millionAnual Revenue: $10.42 BillionWebsite: www.ebay.com
- Walmart:
Walmart is a US-based retail giant that has expanded into ecommerce in recent years. The company offers a wide range of products, including groceries, electronics, and home goods. Walmart’s focus on low prices and its large physical store network makes it a popular choice for customers.
Founder: Sam Walton, James “Bud” Walton
Founding Time: July 2, 1962
Country: USATotal Customer: 230 millionAnual Revenue: $567.76 BillionWebsite: walmart.com
- JD.com:
JD.com is a Chinese ecommerce platform that focuses on electronics and home appliances. It is one of the largest retailers in China and has a strong focus on providing customers with a high-quality shopping experience.
Founder: Liu Qiangdong
Founding Time: 6 June 1998
Country: ChinaTotal Customer: 471 millionAnual Revenue: $149.325 BillionWebsite: https://global.jd.com/ - Wish:
Wish is a ecommerce platform which focus on low-cost goods, Wish is a very popular platform which primarily deals with the United States and European countries. Wish is a mobile-first platform that makes it easy for customers to find and purchase affordable products.
Founder: “Piotr Szulczewski
Sheng Zhang”
Founding Time: July 4, 2010
Country: USATotal Customer: 600 millionAnual Revenue: $2.5 BillionWebsite: https://www.wish.com/ - Pinduoduo:
Pinduoduo is a Chinese e-commerce platform that combines social media features with e-commerce functionalities. The platform is known for its focus on low-priced goods and for its gamified shopping experience.
Founder: Lei Chen
Founding Time: 2015Country: ChinaTotal Customer: 751.3 millionAnual Revenue: $17.89 BillionWebsite: https://m.pinduoduo.com/ - Zalando: Zalando is a German ecommerce platform that specializes in fashion and footwear. The site offers a wide range of products, from clothing and accessories to shoes and bags. Zalando also offers a variety of services, including free returns and next-day delivery. Founder: Robert Gentz, David Schneider
Founding Time: October 2008
Country: Germany
Total Customer: 48.5 millionAnual Revenue: $10.67 BillionWebsite: www.zalando.com - Rakuten:
Rakuten is a Japanese ecommerce platform that offers a wide range of products and services. The site is known for its focus on customer service and its loyalty program. Rakuten also operates a number of different marketplaces, including Rakuten Ichiba, which is the largest e-commerce site in Japan.
Founder: Hiroshi Mikitani
Founding Time: 7 February 1997
Country: Japan
Total Customer: 131 millionAnual Revenue: $12.72 BillionWebsite: https://global.rakuten.com - MercadoLibre:
MercadoLibre is a Latin American ecommerce platform that operates in a number of different countries, including Argentina, Mexico, and Brazil. The site offers a wide range of products and services, from electronics and home goods to cars and real estate.
Founder: Marcos Galperin
Founding Time: August 2, 1999Country: Uruguay
Total Customer: 139.5 millionAnual Revenue: $7.069 BillionWebsite: https://mercadolibre.com/
These are the top 10 ecommerce websites in the world, each of them has a unique selling point, some are known for their vast product line, while some are known for the best prices, and others for their unique shopping experience. Ecommerce has changed the way we shop and these websites have made it more convenient and easy. These sites have also made it possible for people to purchase goods and services from all over the world, regardless of their physical location.