The ecommerce industry has seen a steady growth over the years, with many companies vying for the highest spot in terms of revenue and profits. But who is the wealthiest ecommerce company? This article takes a closer look at the giants of the ecommerce world and their respective fortunes.
Amazon, founded by Jeff Bezos in 1994, is the world’s largest online retailer and one of the most valuable companies in the world. As of April 2020, Amazon boasts a market capitalization of over $1.1 trillion, making it the most valuable ecommerce company in the world.
Alibaba, founded by Jack Ma in 1999, is a Chinese ecommerce giant that has achieved a market value of over $590 billion. With a major focus on the Chinese market, Alibaba is currently the second-largest ecommerce company in the world.
eBay, established in 1995 by Pierre Omidyar, is one of the oldest and most popular online auction sites in the world. The company has a market capitalization of over $40 billion, making it the third-largest ecommerce company in the world.
Walmart, a retail company that has been in business since 1962, has a market capitalization of over $320 billion, making it the fourth-largest ecommerce company in the world.
Based on the market capitalizations of these four companies, it is evident that Amazon is the richest ecommerce company in the world. All four of these companies are major players in the ecommerce industry, and will continue to influence the world of ecommerce for many years to come.