The online retail industry has seen tremendous growth over the past few years. More people are shopping online, and online shopping contributes to a significant portion of sales in the retail industry.
There are lots of e-commerce sites; many of them fail to get customers and so they shut down very soon.
But some have captured a huge market. Here are the top online retailers in the world.
This Chinese e-commerce site started its journey in 1999. Its core business consists of Taobao, Tmall and Ali Express. Taobao is for Chinese customers. It is a consumer-to-consumer marketplace which helps small businesses reach their target customers.
Tmall is a business-to-consumer e-commerce site dedicated to Chinese customers as well. Ali Express is a marketplace where the Chinese companies can sell their products to international customers
Amazon is the biggest online retailer in the US. Initially, it started as an online bookstore. Slowly but surely it expanded to selling other products like fashion items, electronics, and other things.
They now run multiple online stores in the UK, France, India, and other countries. The products are shipped all over the world.
This is a Chinese e-commerce site that started in 2004 and is doing awesome business. There are more than a quarter-million registered users and they shop from here regularly. They use high tech delivery systems like robots, drones and AI.
It is also a very popular marketplace where you can get everything you want from electronics to fashion items and automotive parts. You can also get used and refurbished items. You will get the items delivered to your doorstep when you shop here.
It is a marketplace where users can buy things online at a discount. It connects users to local businesses in different cities and offers them discounts. It is a very popular e-commerce site aimed at consumers who want to get the best value for their money.
These sites have set an example of how successful an online shopping site can be. Small businesses today can learn a great deal from them.