Top 10 Ecommerce Companies in The World 2020 During Corornavirus Pandemic

The notion of online shopping is quite fresh in the world and yet the e-commerce industry has recorded a spurt of growth. It is estimated that the e-commerce industry has bloomed to 24 million online stores with average sales of USD 10,000 annually. There are a few companies that are taking up the market to new heights.

Given the popularity of online shopping these days, the major e-commerce companies are making a fortune even in the coronavirus pandemic. These companies are generating billions of dollars via online sales.

Here are the top 10 e-commerce companies in the world:



Founded: 2007

Revenue: USD 1 Billion

Country: India

Headquartered in Bengaluru, India, the company has generated revenue of USD 6.1 billion last year. Flipkart focuses on offering books, consumer electronics, fashion, lifestyle products as well as home essentials.



Founded: 2010

Revenue: USD 23 Billion

Country: South Korea

A South Korean e-commerce company generated revenue of USD 6.23 billion last year. Coupang delivers 99.6 percent of its orders within 24 hours. the company has expanded its global footprint with its offices in Beijing, Shanghai, Los Angeles, New York, and Seattle.



Founded: 2008

Revenue: USD 26 Billion

Country: Germany

A European e-commerce company based in Berlin, Germany follows a platform approach. It deals in fashion and lifestyle products and offers products in more than 17 European markets.



Founded: 1995

Revenue: USD 8 Billion

Country: United States

Last year, it generated revenue of USD 9.13 billion by selling furniture and home-goods. The company is a digital platform offering more than 14 million items from over 11,000 global suppliers.



Founded: 1995

Revenue: USD 8Billion

Country: United States

An American multinational e-commerce organization headquartered in San Jose, California. It facilitates consumer-to-consumer as well as business-to-consumer sales via its website. The company was among the first e-commerce companies in the world.



Founded: 1997

Revenue: USD 6 Billion

Country: Japan

Japanese electronic commerce and online retailing company based in Tokyo. Last year, the company generated revenue of USD 11.6 billion. Rakuten is a B2B2C e-commerce platform and is one of the largest e-commerce sites in Japan. It has expanded its reach via joint ventures such as, eBates, etc.


Founded: 1996

Revenue: USD 38.06 Billion

Country: China

It is one of the largest non-government retailers in China. Headquartered in Nanjing, the company is right after and Alibaba. It generates over USD 38.06 billion by selling physical merchandise such as home appliances, books, general merchandise, commodities, cosmetics, etc.


Alibaba Group

Founded: 1999

Net Worth: USD 98 Billion

Country: China

One of the two largest e-commerce companies in China, Alibaba is a Chinese multinational technology company which also specializes in internet, retail, high tech. Alibaba has opened Hema – a chain of supermarkets where customers can either order online or go to store for delivery in under 30 minutes.


Founded: 1998

Revenue: USD 82.85 Billion

Country: China

Also known as Jingdong, is a Chinese e-commerce giant headquartered in Beijing. Going by transaction volume and revenue, the company is one of the two largest B2C online retailers in China. Also, the company is widely known for its investment in high tech, robots, autonomous technology, and artificial intelligence delivery via drones.

#1, Inc.

Founded:  1994

Revenue: USD 5 Billion

Country: United States

Amazon – the world’s most popular and the largest e-commerce company by revenue, generated USD 280.5 billion in 2019. It is based in Seattle focusing exclusively on e-commerce, cloud computing, digital streaming, and artificial intelligence. Amazon is the 3rd largest company in the world by market cap.