E-commerce technology becomes so popular day by day due to expanding the large market, increasing product demand, consumer purchasing power, transaction security, product security, consumer-friendly environment, sustainable business opportunities, and so on. In this article, we’re going to discuss about 10 Most Influential E-Commerce Platforms in the World.
10 Most Influential E-Commerce Platforms
Alibaba: Alibaba is the Chinese largest B2B e-commerce platform owned by Alibaba Group. Alibaba serves millions of buyers and suppliers around the world with 40 different major categories and provides services to nearly 190+ countries and regions. Alibaba has become the most popular destination for global wholesale trade.
Amazon: Amazon is an American multinational technology company, specialized in E-Commerce based. It is one of the big giant companies in the US and around the globe. Amazon’s online retail services allow businesses to sell their products on the Amazon platform and track their business activity. Amazon follows B2B and B2C business models for their retailers and consumers.
eBay: eBay is an American multinational e-commerce corporation founded by Pierre Omidyar in 1995. eBay is the oldest and most successful e-commerce platform in the history of the US E-Commerce industry. eBay facilitates B2C and C2C services and connects buyers and sellers through its website. The eBay website is free to use for buyers, but sellers are charged fees for listing items after a limited number of free listings.
Walmart: Walmart is an American multinational retail corporation that operates a chain of hypermarkets founded by Sam Walton. Walmart is the world’s largest company by revenue and the largest private employer in the world. Walmart offers three primary merchandise units: Grocery, General Merchandise, and Health and wellness.
Taobao: Taobao is China’s largest shopping website owned by Alibaba. Taobao is a Business-to-Consumer (B2C) and Consumer-to-Consumer (C2C) platform where individuals and small business owners sell their products through Taobao. Taobao doesn’t charge transaction fees and it’s free for joining merchants. Taobao’s main revenue source is advertising products on its platform and collecting revenue from merchants.
Pinduoduo: Pinduoduo is the largest agriculture-focused eCommerce platform in China founded by Colin Huang. Pinduoduo connects farmers and distributors with millions of consumers through its website. Pinduoduo earns profits from online marketing services, transaction services, as well as merchandise sales.
Jingdong: JD or Jingdong is China’s largest B2C online retailer and one of the biggest Chinese e-commerce companies founded by Liu Qiangdong. Jingdong is popular for selling electronics, mobile phones, computers, home appliances, general merchandise products, and similar products through its website. JD ensures the highest quality, genuine products, authenticity, best services, fast delivery, and customer satisfaction.
Rakuten: Rakuten is the largest eCommerce marketplace in Japan and one of the biggest online retailing companies globally and it was founded by Hiroshi Mikitani. Rakuten’s level of control and personalization allows for a more intimate shopping experience than other platforms. Rakuten is often referred to as the “Amazon of Japan”.
Etsy: Etsy is an American unique eCommerce online marketplace where independent crafters, artists, creators, and collectors can sell vintage items, handmade items, custom-made jewelry, craft supplies, and much more. Etsy connects buyers to sellers for publicly traded handcrafted and vintage goods, and Etsy becomes a dominant marketplace of the handcrafted and vintage goods industry.
Zalando: Zalando is the German-based multinational eCommerce platform and Europe’s biggest online fashion platform, which offers clothes, footwear, accessories, fashion, and lifestyle-related products especially in European markets. Zalando was founded by David Schneider, Robert Gentz in 2008.
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