Amazon.com dominates global online retail, according to yStats.com report
Hamburg-based yStats.com's newest publication, "Top Players in Global B2C E-Commerce Market 2016" reports that online retailers based in the USA and China have the largest sales figures
The ranking of the top five Internet retailers globally includes two companies based in the USA, two from China and one from Europe, according to the findings in the yStats.com report. The pure online retail sales figures show the dominance of Amazon.com with an 8% share of the global market. Product revenues of the US based company in 2015, at nearly USD 80 billion, were three times higher than those of the second ranking online retailer, China’s JD.com.
Online marketplaces, represented by global companies such as Rakuten, Ebay, and Alibaba, are also attractive to online shoppers. The yStats.com report cites a 2015 survey showing that online consumers are more likely to purchase from a marketplace rather than a retailer website.
Local and regional players also are expanding in many areas to challenge the global leaders. For example, Souq.com is a regional leader in the Middle East, while in India Flipkart and Snapdeal are rivals to Amazon. More insights are available in the full yStats.com publication.
For further information, see: https://www.ystats.com/...
yStats.com GmbH & Co. KG
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world’s leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.