eCommerce has transformed the web world and especially the way business is being done, the Indian eCommerce is grown up to more than 80 million dollars and it is expected to grow up to more than 100 million dollars by 2020. Today, we review the Top 20 Ecommerce Companies In World and review the e commerce market share by company below.
This growth of the industry has also triggered growth in the Internet and smartphone usage.
Digital transformation is a huge success and it is leading to growth in Internet usage by 900 million in 2020.
The Top eCommerce companies in the world are growing at an annual rate of 51% at an average and it is the topmost in India.
The future of eCommerce is blooming.
The eCommerce companies provide financing, technology, and training to all kinds of industries micro, small, medium or large and have a great impact on them.
The eCommerce industry has great scope and is said to be having an increase that will surpass the US to become the world’s largest revenue eCommerce companies in the market in the world by the upcoming years.
TOP 20 ECOMMERCE COMPANIES IN THE WORLD 2019-2020:
Founder: Jeff Bezos
In 1994, Jeff Bezos founded (who is the wealthiest man in the world) amazon and amazon, as an app does not need an introduction, as it is one of the topmost eCommerce companies in the world.
The size of Amazon as an online store is much bigger than Google and is a direct competition to eBay as it has more than 566,000 personnel in the organization.
Not only the amazon online store but also amazon web service is as vast and as grown as amazon.
2. ALI BABA
Founder: Jack Ma
In 1999, Jack Ma founded Ali Baba, which is the world’s largest eCommerce company that originated in China.
Think of a product and it is upon Ali Baba with multiple vendors and great price range. It has its dominance in China but also is the 3rd largest eCommerce company in the world.
When this site was formed it did not have funds to hire a sales team so he took a step and hired farmers from a rural area to do the sales.
Jack Ma also had an apartment in which the employee’s work, ate and slept.
Founder: Pierre Omidyar
In 1995, Pierre Omidyar established eBay and it has its headquarters in San Jose, California and is one of the top eCommerce companies in the world.
eBay was the first successful dot-com-bubble survivors that developed into online shopping, that is the reason the logo has a combination of red-blue-yellow-green.
This eCommerce company gives a platform in the marketplace for C2C and B2C transactions. eBay provides products in every possible category and covers every industry and products.
On eBay, you have to bid on the product and the highest bid gets the product. eBay has invested in Flipkart and Flipkart handle Ebay’s operations in India.
4. JINGDONG (JD.COM)
Founder: Liu Qiangdong
In 1998, JD.com was established and it operates out of Beijing, which has given it rapid growth. It has always been one of the most popular eCommerce companies.
It did take around six years for it to begin online trading, which was in 2004.
Ali Baba is bigger than JD but last year it has made more revenue and become a great eCommerce development company. It has a fantastic feature like no other, which is its high tech drone delivery system.
It has partnered with Wal Mart and increased its supply chains in China.
Founder: Tony Hsieh
Tony Hsieh founded Zappos in 1999, which is basically an online shoe store that is the best in its customer service.
They are said to be topmost eCommerce companies in the world that is known for customer support.
The main motto of the company was to ‘WOW’ the customers and the company is successfully fulfilling it. They don’t charge shipping, return or purchase cost, you can also return the product if you do not like it and you get a refund.
Founder: Hiroshi Mikitani
The amazon of japan, which was previously known as Buy.com and now Rakuten.com, is the identity of this top eCommerce company.
Giving you an idea of how huge this site is, in japan more than 90% of Internet users have an account on Rakuten, It hosts more than 50,000 businesses, it is also official sponsors for NBA, Golden State Warriors, and FC Barcelona.
It challenges the biggest competitors like Netflix for streaming services. It has more than 10,000 employees in 24 countries.
7. HOME DEPOT
Co-Founder: Bernard Marcus, Arthur Blank, Ron Brill, and Pat Farrah
Atlanta, GA is the home of Home Depot, which has expanded to Canada where they have set up more than 200 stores, also more than 100 stores in Mexico.
This launch eCommerce store was done in 1994. They are one of the largest home improvement retailers and the most used eCommerce website in the US.
They supply tools, construction products, and services.
The founders had passed a statement when they launched home depot saying ‘We found The Home Depot with a special vision – to create a company that would keep alive the values important to us, values like respecting people, great customer service and giving it back to the society’.
Founder: Sachin Bansal and Binny Bansal
Flipkart originally is a Singapore retail brand, which operates from Bengaluru, India.
This top eCommerce company in the world was launched in 2007 by three students of Indian Institute of Technology Delhi (IITians) named as Sachin, Bansal and Binny Bansal, who worked for amazon and later decided to launch their own online store.
Initially like amazon Flipkart was also just an online bookstore and focused on apparel selling with neck to neck competition to Myntra and Jabong and electronic selling with competition to amazon.
Founder: Rocket Internet
Zalando is a company that is based in Berlin, founded Germany in 2008 and is one of the topmost eCommerce companies in the world of fashion.
Its focus is on selling apparels throughout the world, with the addition of fashion accessories and trends with million users worldwide.
Until 2014 Zalando was facing severe losses but after that, it started making profits when the working pattern had changed for this company.
Founder: Werner Otto
Otto was founded by Werner Otto in 1949 and for Otto, its home is in Europe being a big mail-order company and it is known for its greatest technological trends, it has a technical background, which helps to innovate it.
eCommerce development services play a great role in technical development. It has its presence in more than 30 countries in Europe.
Otto started with being a small retailer to topmost eCommerce company.
11. B2W DIGITAL
CEO: Marcio Cruz
Largest online retail eCommerce Company originated in Latin America, which has its headquarters in Brazil and has recently announced the move in the US.
It was founded in 2006 and holds a market share of 50%.
B2W Digital is basically a merger of Americanas.com and Submarino.com and is a competition to Amazon, WalMart, Cnova, etc.
Founder: Andrew Mason
Launched in Chicago in November 2008 by Andrew Mason to reframe online group discount online shopping and is connected to 500 cities worldwide.
Groupon as a name was a mix of ‘group’ and ‘coupon’ as it’s first-ever deal was ‘buy two pizzas for the price of one’.
It connected subscribers with local merchants by giving offers through activities, good services, etc.
That is a win-win situation for both users and owners and users get discount and owners get revenue. It is also one of the greatest Magento Development Companies.
Founder: Sam Walton
The company was founded in 1962 by Sam Walton, which is the biggest eCommerce website and the world’s leading employment provider.
It has around 12,000 stores across 28 countries. Walmart is an American multinational retail organization with its headquarters in Bentonville, Arkansas.
It has high stakes in the United States. Walmart is the world’s largest revenue eCommerce company.
The company is controlled by the Walton family so it is a publicly-traded family-owned business.
Founder: Jay. S. Walker
Priceline is based out of Connecticut founded by Jay. S. Walker who left it in 2000, which is used for discounted travel-related purposes.
It provided special discounts and special offers and vouchers when done combine bookings of the hotel, flights, car, etc. It is one of the best eCommerce solutions.
Priceline had become famous for the system of Name Your Own Price, where you could easily put your price range and book according to your budget.
15. COSTCO ECOMMERCE
It has its headquarters in Washington and is a chain of warehouse clubs, which offers memberships.
Costco is an American multinational company operating in chain membership only and is the 2nd largest retailer after WalMart.
Costco sells products at a very low price in bulk and is targeted to large business. It is supposed to be the largest eCommerce companies of 2019-2020.
Founder: Tobias Lütke, Daniel Weinand, Scott Lake
Shopify is a Canadian eCommerce company with its headquarters in Ontario, which was founded in 2004.
It is one of the most trustable eCommerce app development companies it helps compose software and customize the needs of the client’s business.
Shopify will help businesses to showcase their project. around 200 countries use Shopify by the latest study of 2019.
17. BOOKING HOLDINGS
Founder: Jay. S. Walker
It was founded in 1997 by Jay. S. Walker, it is an American company organized in Delaware and based in Norwalk, it is the most used eCommerce website in the US.
It is the largest provider of online travel-related services that are spread across 230 countries. In 1999 the company became a public company making walker a billionaire.
Founder: Nick Robertson
Nick Robertson founded it in the year 2000, which has its headquarters in Camden, London.
It has over 80000 brands of its own clothing range. Asos is one of the largest independent fashion online stores in the UK.
It is one of the largest eCommerce companies 2019-2020.
Founder: Kunal Bahl and Rohit Bansal
Two people Kunal Bahl and Rohit Bansal launched SnapDeal in 2010, which is an Indian eCommerce company based in New Delhi.
It is one of the top eCommerce companies in the world. It has around 4,00,000 sellers, over 400+ crore products in 900+ different categories with the reach of 7000 towns cities across the country.
20. CLUB FACTORY
Founder: Aaron Jialun Li, Vincent Lou
Aaron Jialun Li and Vincent Lou who were graduates from California first launched club factory in 2014.
Club Factory has the largest market in India and 40 million out of 70 million users globally. Club Factory is apt for the Indian market as researchers state that the Indian market is a discount hunter.
It is said to be the largest eCommerce companies 2019-2020.
Internet shopping: how to buy online
From concert tickets to washing machines, groceries to holidays, there’s bound to be a website that sells just what you want. If there’s a particular brand or store you like, you can go straight to their website or you can visit a shopping website such as eBay or Amazon, which carry broad ranges of new and second-hand items. If you’re a bargain hunter, you can use a price comparison site such as moneysupermarket.com, which lists the websites that sell your product according to price
In this guide, we’re going to show you how to find a product online and make a transaction.
- a computer with an internet connection
- a credit or debit card.
Follow these step-by-step instructions to learn how to buy online
Step 1: Search for a product using Google shopping
Type the name of the item you want to buy into the search box of a search engine such as Google – for example, ‘Roberts radio’ – and click Search or press enter on your keyboard.
You will see a range of websites, from actual department stores such as John Lewis to large websites simply devoted to shopping, such as Amazon. You can also use the Shopping option on Google itself. Clicking on this will give you items available based on product reviews and price. You can also ask only for results available in shops near to you by clicking on ‘Available nearby’.
Step 2: Find an item you like using Google shopping
If you click on one of the suggested items you will see product details as well as details of the sellers available. Do bear in mind that these are sponsored by the merchants and there may be other sellers available in your area or online.
Step 3: Search via Google
If you’ve searched for a particular brand, you may also see the brand’s own website. Choose one of these websites and click on the link.
Step 4: Searching for and buying a product from a website
A new page will open, taking you to the website. You can now narrow down your search by typing in more specific details such as a model name (for example “revival”) in the search box, which is usually at the top right of the screen.
Then click on the magnifying glass in the top right hand corner. Some websites will have Go or Search next to the search box. Alternatively, you can click into a specific category (such as “Retro radios”) and browse until you find a product you like. Most websites will have a global navigation where you can explore the rest of the website this is normall located at the top of the web-page with drop down menus.
We have clicked into “Retro radios” and a selection of matching products is now shown. Click on any of them to see more details. We have selected the Revival Mini.
Step 5: Adding a product to your basket
Many websites let you have a closer look at the product by hovering your mouse over the image. There are two boxes next to the image one to choose the quantity that you want to buy and one to choose the colour that you want.
Once you have chosen the amount and colour click on ADD TO BASKET. Doing this will save the details of this item until you’re ready to buy it, just as if you’ve popped something you want to buy into a real shopping basket.
Step 6: Continue shopping or buy your product
You now have two choices either to Continue Shopping if you wanted to buy other items from this website or to click on Go To Cart and pay for the item you have chosen.
Step 7: Checkout and pay
To pay for your item click on the Checkout button.
Some websites ask that you create an account; some give you a choice whether you want an account and some allow you to buy items without creating an account. If you intend using a site that gives you a choice on a regular basis then signing up for an account will make paying for items much quicker as your basic information is stored
Step 8: Create an account before you buy
On this website you have to create an account in order to buy your item. Click Create An Account.
Most websites will let you checkout as a guest.You can choose to create an account at a later time.
Step 9: Finalise checking out
You will need to complete all the boxes marked with an asterisk such as your email, name and address. If the item you are buying is a gift then complete the box with the address of the person you are sending it to. Please note however that some websites will only send items to the same address as that of the bill payer so this might not be possible.
If the item is coming to you make sure there is a tick in this box to save having to enter information twice.
Don’t forget to tick this box too and then click on Continue To Next Step.
Next you will be given an opportunity to Review Your Purchase. This is your chance to make sure that you have ordered the item you want and the right quantity as well as given the correct name and address that the item is to go to.
If all is OK click on Continue To Next Step.
Finally, enter your credit or debit card details and any other information required. Click Confirm Card Details if you’re happy to make the payment.
At this point, you may be asked for another password if you’ve signed up for 3-D Secure, an added layer of security for online credit and debit card transactions. This includes Visa’s ‘Verified by Visa’ and MasterCard’s ‘SecureCode’. Once you’ve given the right password, your order will go through.
You should receive an email confirming that your order has been received. Retailers often send a second email once an item has been posted.