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Research on the Internet and list the top 10 e-Commerce retail businesses in the World (many...

Research on the Internet and list the top 10 e-Commerce retail businesses in the World (many companies have on-site and online businesses such as Walmart, Best Buy, etc. while Amazon is online only business). Provide detailed information such as their total annual sales, revenues, and rate of increase/decrease for the past several years. (Provide references for your information).

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Below listed companies are the world’s top 10 ecommerce sites if revenue and growth rate is taken into consideration while ranking them. The top ecommerce companies include names like Amazon, JD, Walmart, Alibaba followed by Booking.com, Rakuten, Shopify etc. Here is a list of the top 10 eCommerce companies in the world:-

1st Place : Amazon

Amazon has nearly 3.5 Lakh employees and every employee works with a mindset that how they can create value for the customers. Due to such vision, Amazon was able to achieve $100 billion mark in annual revenues in the year 2015.Amazon has its presence in many countries and now investing huge amount of money to expand its operations in India as well. In year 2016, Jeff Bezos announced investment of $3 Billion in India. It announced to acquire Whole foods, a supermarket chain of 400 stores to strengthen its physical presence and to challenge Walmart’s supremacy in brick and mortar stores.

Revenues (B$): 108

Growth Rate: 19%

2nd Place : JD.com

The company is also famous for its Jingteng’s plan, this strategy provides brand owners information about the accurate target consumer groups and helps merchants to achieve effective and accurate marketing which helps them in increasing their sales further. Walmart sold its ecommerce business in the year 2016 to JD.COM to get 5% equity stake in JD.COM. JD.COM is planning to increase its presence across Europe, UK and France in coming years.

Revenues (B$): 37.9

Growth Rate: 40%

3rd Place : Alibaba

As the name suggests it opens for small- to medium-sized companies. Alibaba is the most valuable retailer in the world since 2014 and has its operations expanded in more than 200 countries. In year, 2018 it became the 2nd Asian company to break the $500 billion valuation mark. In the early phase Soft bank, Goldman Sachs invested heavily in Alibaba. In 2016, company was able to achieve GMV of $478 billion and aims to double it by 2020. The company accounted for 80% of the total online sales happening in their nation through their online portal in 2014 and feature around billion of products due to which it was featured in the world’s top 20 most visited sites. Alibaba is planning to spend 500 billion yuan over five years to build robust logistic network in China and around the world.

Revenues (B$): 22.99

Growth Rate: 42%

4th Place : Walmart

Walmart has more than 11000 stores and is operating across 28 countries under 58 different names. Walmart was able to generate $480 billion of revenue.

Now Walmart is in talks to buy India’s ecommerce giant Flipkart at a valuation close to $20 billion. If the deal goes through, it will pose a great threat and competition to Amazon’s India ecommerce operations.

Revenues (B$): 20

Growth Rate: 37%

5th Place : Booking Holdings

Priceline went public in the year 1999 and was able to generate $13 Billion through IPO.

It operates its website in more than 40 languages and 200 countries. In 2016, it was able to sell more than 7 million air tickets through its platform, consumer booked 557 million room nights of accommodation and 66 million rental car days. One of its subsidiary rentalcars.com was awarded world’s leading car rental app.

Revenues (B$): 12.68

Growth Rate: 18%

6th Place : Shopify

his company is having more than 6 lakh merchants using its platform and shopify has been able to achieve Gross Merchandise value of $55 billion.

The company went public in the year 2015 and was able to raise more than $131 million. Amazon.com announced the closure of its Amazon webstore services for its merchant and chose Shopify as a preferred migration provider and also, Amazon integrated with Shopify which allowed Shopify merchants to sell on Amazon from their Shopify store. This exercise actually helped Shopify in increasing their stock value by almost 10%.

Revenues (B$): 6.73

Growth Rate: 73%

7th Place : Rakuten

It has total strength close to around 15,000 employees worldwide. It expands its operations through joint venture and acquisition. It acquired Buy.com, play.com, viber etc. to mark its presence in different countries. It also invested in companies like Pinterest, AHA life, Lyft, Acrons etc. and also it has its own online marketing business, Rakuten Marketing. The company went public in year 2000, at that time it had 2300 stores and 95 million page views per month making it as the most famous site in Japan. Rakuten was one of the first major companies which started accepting bitcoins for payments across its global marketplaces. Rakuten to market its platform signed one of the biggest deal with FC Barcelona, one of the most famous football team in Europe with its name appearing on players jerseys. In 2018, group purchased Marine and Asahi fire from one of the Japans leading bank Nomura for an estimated 46 billion yen.

Revenues (B$): 8.77

Growth Rate: 21%

8th Place : Otto

It was founded by Werner Otto as a mail order company in Hamburg, and in less than 2 years of its operations, Otto was able to increase its turnover by a factor of 5. In the year 1995, Otto goes online and made available extensive range of products online.

In the year 2000, Otto group was able to secure 2nd position in B2C business after Amazon.

  Revenues (B$): 8.680

Growth Rate: 11%

9th Place : eBay

It has its operations in more than 30 countries. eBay has approximately 14,000 employees worldwide. It has around 170 million active buyers worldwide and able achieve GMV of $24.4 billion. For the Q4, eBay reported revenue of around $2.6 billion. It has crossed downloads of 391 million across the globe. It widely uses analytics to analyse the aspects of buying and selling behaviour so that they can enhance the customer experience. eBay had some of the biggest technology firms in the last years like Paypal, Skype, Stubhub etc. eBay generates revenue by charging the listing fees from sellers and some commission from sellers on the sale of product through their platform.

Revenues (B$): 9.567

Growth Rate: 7%

10th Place : Asos

It ships their products over 140 countries through various warehouses in UK, China, US and Europe. ASOS basically abbreviated to the term AsSeenOnTheScreen limited. ASOS has over 4500 employees and is largest independent fashion online store in UK.

By 2018 it has around 10 million downloads and app has a key feature that allows users to upload pictures of clothing they like and the app will return the product similar or close to the uploaded product.

Revenues (B$): 2.731

Growth Rate: 33%

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