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TwitterAccording to estimates, Amazon claimed the top spot among online retailers in the United States in 2023, capturing 37.6 percent of the market. Second place was occupied by the e-commerce site of the retail chain Walmart, with a 6.4 percent market share, followed in third place by Apple, with 3.6 percent.
Amazon’s continued success
Amazon has long dominated the e-commerce market as the world’s favorite online marketplace. In 2022, company hit over half a trillion U.S. dollars in net sales. The United States is by far Amazon’s most profitable market, as the U.S. branch generated over 356 billion U.S. dollars in sales in 2022. Germany ranked second, with 33 billion dollars, followed closely by the United Kingdom with 30 billion dollars.
Online shopping on the rise
Online shopping has grown significantly over the past decade, with more people turning to the internet for their shopping needs. The proof is in the numbers: the U.S. e-commerce industry was worth almost a trillion dollars in 2023. By 2027, forecasts show that the online market will grow to more than 50 percent. U.S. online shoppers purchase fashion and food and beverages the most via the internet.
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The E-Retail Market is Segmented by Product (home Appliances and Electronics, and Other), by Platform Type (Marketplace Platforms, Direct-To-Consumer Brand Stores, and Other), by Device ( Mobile, Desktop & Tablet, and Other), by Geography (North America, and Other). The Market Forecasts are Provided in Terms of Value (USD).
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TwitterGrocery sales through e-commerce channels are expected to increase, due to changing consumer behavior after the pandemic. By 2026, projections for the United States showed that e-grocery will account for **** percent of total grocery sales.
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TwitterComprehensive dataset tracking Amazon's market share and competitor performance in US e-commerce from 2020-2024, including revenue figures, market trends, and category breakdowns.
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TwitterThis statistic presents a ranking of the leading mass merchant e-retailers in the United States in 2016, sorted by market share in percent. In 2017, Amazon.com, Inc. was responsible for 16.22 percent of e-commerce sales in the United States. Amazon also ranks first among retail websites in the United States with 197 million unique visitors in December 2017, ahead of eBay, Walmart, and Apple. Amazon also was also the leading e-retailer in the United States in 2017 with U.S. e-commerce sales of over 54.47 billion U.S. dollars.
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The online retail market share in the US is expected to increase to USD 460.13 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 11.64%.
The report extensively covers online retail market in the US segmentation by the following:
Product - Apparel, footwear, and accessories, consumer electronics and electricals, food and grocery, home furniture and furnishing, and others
Device - Smartphones and tablets and PCs
The US online retail market report offers information on several market vendors, including Amazon.com Inc., Apple Inc., Best Buy Co. Inc., Costco Wholesale Corp., eBay Inc., Kroger Co., Target Corp., The Home Depot Inc., Walmart Inc., and Wayfair Inc. among others.
This online retail market in the US research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.
What will the Online Retail Market Size in the US be During the Forecast Period?
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Online Retail Market in the US: Key Drivers, Trends, and Challenges
The growing seasonal and holiday sales is notably driving the online retail market growth in the US, although factors such as transportation and logistics may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the online retail industry in the US. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key US Online Retail Market Driver
The growing seasonal and holiday sales is one of the key drivers supporting the US online retail market growth. For instance, from November 1 to December 24, e-commerce sales in the US increased by 11% in 2021, when compared to a massive 47.2% growth in the holiday season of 2020. E-commerce sales made up 20.9 % of total retail sales in the holiday season of 2021, slightly higher than 20.6 percent in 2020. Thanksgiving, Black Friday, and Cyber Monday are the days that see a high amount of online shopping. Apparel, footwear and accessories, consumer electronics, computer hardware, and toys are the largest gaining product categories during the holiday season. Consumers in the US spent $204.5 billion online in November and December 2021, up 8.6% over the same period in 2020. Such exciting sales and offers are driving the market growth.
Key US Online Retail Market Trend
Omni-channel retailing is one of the key US online retail market trends fueling the market growth. It is rapidly becoming the norm for many retailers in the US. It offers consumers the option to shop online and pick up the merchandise from the store nearest to their location on the same day. Retailers are observing a high web influence on their in-store sales. For instance, Best Buy is integrating its offline and online stores to boost revenues. As a part of its omnichannel strategy, the retailer is utilizing physical stores as distribution centers for online purchases. According to Best Buy, 40% of its online shoppers prefer picking up their purchases from physical stores. Best Buy also challenges online and discount retailers with its match-to-price strategy, claiming to offer gadgets at or below the price offered by competitors. Such strategies are expected to boost market growth during the forecast period.
Key US Online Retail Market Challenge
Transportation and logistics are some of the factors hindering the US online retail market growth. Product procurement or sourcing, shipment of ordered items, and delivery to customers are the three major processes where the intervention of transportation and logistics come into the picture. All these processes require a high investment of both time and money, which challenges the efficiency and effectiveness of retailers and their costing strategies. The higher cost incurred from transportation and logistics reduces the margin of retailers, and most of the time, retailers are unable to break even. Between rising fuel prices, driver shortages, as well as a governmental and societal push for increased digitization and sustainability, transport and logistics will continue to be under a lot of pressure. Such factors will negatively impact the market growth during the forecast period.
This online retail market in the US analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Who are the Major Online Retail Market Vendors in the US?
The report analyzes the market’s competitive landscape and offers information on several market vendors, includi
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TwitterA league table of the 120 cryptocurrencies with the highest market cap reveals how diverse each crypto is and potentially how much risk is involved when investing in one. Bitcoin (BTC), for instance, had a so-called "high cap" - a market cap worth more than 10 billion U.S. dollars - indicating this crypto project has a certain track record or, at the very least, is considered a major player in the cryptocurrency space. This is different in Decentralize Finance (DeFi), where Bitcoin is only a relatively new player. A concentrated market The number of existing cryptocurrencies is several thousands, even if most have a limited significance. Indeed, Bitcoin and Ethereum account for nearly 75 percent of the entire crypto market capitalization. As crypto is relatively easy to create, the range of projects varies significantly - from improving payments to solving real-world issues, but also meme coins and more speculative investments. Crypto is not considered a payment method While often talked about as an investment vehicle, cryptocurrencies have not yet established a clear use case in day-to-day life. Central bankers found that usefulness of crypto in domestic payments or remittances to be negligible. A forecast for the world's main online payment methods took a similar stance: It predicts that cryptocurrency would only take up 0.2 percent of total transaction value by 2027.
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Graph and download economic data for E-Commerce Retail Sales as a Percent of Total Sales (ECOMPCTSA) from Q4 1999 to Q2 2025 about e-commerce, retail trade, percent, sales, retail, and USA.
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The online retail market, valued at $6.27 billion in 2025, is projected to experience robust growth, fueled by a Compound Annual Growth Rate (CAGR) of 6.23% from 2025 to 2033. This expansion is driven by several key factors. Increasing internet and smartphone penetration globally, particularly in developing economies, provides access to a vastly expanding customer base. Convenience, wider product selection, and competitive pricing offered by online retailers are significant drivers. Furthermore, the rise of e-commerce platforms offering personalized experiences, seamless payment gateways, and efficient delivery services are contributing to market growth. The shift in consumer preferences towards online shopping, accelerated by the recent pandemic, solidifies the long-term growth trajectory of this sector. Significant segments within the market include home appliances and electronics, clothing, footwear, and accessories, food and personal care, and furniture and home décor. Leading players such as Amazon, eBay, Alibaba, and Walmart are constantly innovating to maintain their market share, leading to increased competition and further market dynamism. The geographic distribution of the online retail market reveals significant regional variations. North America and Europe currently hold substantial market shares, driven by high internet penetration and established e-commerce infrastructure. However, the Asia-Pacific region, particularly India and China, demonstrates immense growth potential due to its burgeoning middle class and rapidly expanding digital economy. While challenges remain, such as concerns over data security and cybersecurity, the overall trend points towards sustained and substantial growth for the online retail sector over the forecast period. Effective strategies for businesses will involve adapting to evolving consumer preferences, investing in technological advancements, and navigating the complexities of global logistics and regulations. This will ensure continued success in this dynamic and competitive marketplace. This insightful report provides a detailed analysis of the dynamic online retail market, projecting its trajectory from 2019 to 2033. With a base year of 2025 and an estimated year of 2025, this comprehensive study covers the historical period (2019-2024) and forecasts the market's growth from 2025 to 2033. We delve into key segments like home appliances & electronics, clothing, footwear & accessories, food & personal care, furniture & home décor, and other products, examining market size in millions and exploring the impact of major players including Amazon, eBay, Alibaba, and more. This report is essential for businesses seeking to understand the competitive landscape and capitalize on emerging trends in this multi-billion dollar industry. Recent developments include: In November 2023, Amazon inked a partnership with Meta. This strategic partnership will combine Meta's well-known social media platforms, Facebook and Instagram, with Amazon's enormous product selection to completely transform online shopping., In July 2023, eBay acquired Certilogo, an AI-powered apparel and fashion goods authentication provider.. Notable trends are: The Fashion and Apparel Sector Thrives in the Global E-Retail Boom.
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E-Commerce Retail Market Size 2025-2029
The e-commerce retail market size is forecast to increase by USD 4,833.5 billion at a CAGR of 12% between 2024 and 2029.
The market is experiencing significant growth, driven by the advent of personalized shopping experiences. Consumers increasingly expect tailored recommendations and seamless interactions, leading retailers to integrate advanced technologies such as Artificial Intelligence (AI) to enhance the shopping journey. However, this market is not without challenges. Strict regulatory policies related to compliance and customer protection pose obstacles for retailers, requiring continuous investment in technology and resources to ensure adherence.
Retailers must navigate these challenges to effectively capitalize on the market's potential and deliver value to customers. By focusing on personalization and regulatory compliance, e-commerce retailers can differentiate themselves, build customer loyalty, and ultimately thrive in this dynamic market. Balancing the need for innovation with regulatory requirements is a delicate task, necessitating strategic planning and operational agility. Fraud prevention and customer retention are crucial aspects of e-commerce, with payment gateways ensuring secure transactions.
What will be the Size of the E-Commerce Retail Market during the forecast period?
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In the dynamic market, shopping carts and checkout processes streamline transactions, while sales forecasting and marketing automation help businesses anticipate consumer demand and optimize promotions. SMS marketing and targeted advertising reach customers effectively, driving sales growth. Warranty claims and customer support chatbots ensure post-purchase satisfaction, bolstering customer loyalty. Retail technology advances, including sustainable packaging, green logistics, and mobile optimization, cater to environmentally-conscious consumers. Legal compliance, data encryption, and fraud detection safeguard businesses and consumer trust. Product reviews, search functionality, and personalized recommendations enhance the shopping experience, fostering customer engagement.
Dynamic pricing and delivery networks adapt to market fluctuations and consumer preferences, respectively. E-commerce software integrates various functionalities, from circular economy initiatives and website accessibility to email automation and real-time order tracking. Overall, the e-commerce landscape continues to evolve, with businesses adopting innovative strategies to meet the needs of diverse customer segments and stay competitive.
How is this E-Commerce Retail Industry segmented?
The e-commerce retail industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Apparel and accessories
Groceries
Footwear
Personal and beauty care
Others
Modality
Business to business (B2B)
Business to consumer (B2C)
Consumer to consumer (C2C)
Device
Mobile
Desktop
Geography
North America
US
Canada
Europe
France
Germany
Italy
UK
APAC
China
India
Japan
South Korea
Rest of World (ROW)
By Product Insights
The apparel and accessories segment is estimated to witness significant growth during the forecast period. The market for apparel and accessories is experiencing significant growth, fueled by several key trends. Increasing consumer affluence and a shift toward premiumization are driving this expansion, with the organized retail sector seeing particular growth. Influenced by social media trends, the Gen Z demographic is a major contributor to this rise in online shopping. This demographic is known for their preference for the latest fashion trends and their willingness to invest in premium products, making them a valuable market segment. Machine learning and artificial intelligence are increasingly being used for returns management and personalized recommendations, enhancing the customer experience.
Ethical sourcing and supply chain optimization are also essential, as consumers demand transparency and sustainability. Cybersecurity threats continue to pose challenges, requiring robust strategies and technologies. B2C and C2C e-commerce are thriving, with influencer marketing and e-commerce analytics playing significant roles. Customer reviews are essential for building trust and brand loyalty, while reputation management and affiliate marketing help expand reach. Sustainable e-commerce and b2b e-commerce are also gaining traction, with third-party logistics and social commerce offering new opportunities. Augment
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The Online Retail market report offers a thorough competitive analysis, mapping key players’ strategies, market share, and business models. It provides insights into competitor dynamics, helping companies align their strategies with the current market landscape and future trends.
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Global Online Retail Services Market is estimated to see healthy growth, pegged at a CAGR of 10% during the forecast period 2023-2031.
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The global retail e-commerce market size was worth around USD 5.72 billion in 2023 and is predicted to grow to around USD 15.29 billion by 2032
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The Europe Online Grocery Delivery Market is segmented by product type ( Retail Delivery, Quick Commerce, Meal Kit Delivery) and by Country (United Kingdom, Germany, France, Spain, Rest of Europe). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
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TwitterIn 2023, Mercado Libre was the largest e-retailer in Mexico, with a market share of **** percent. Amazon ranked second, generating approximately **** percent of the total e-commerce sales revenue in the North American country.
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The modern trade retail market, valued at $5.30 billion in 2025, exhibits robust growth potential, projected to expand at a compound annual growth rate (CAGR) of 4.29% from 2025 to 2033. This expansion is fueled by several key drivers. The rising disposable incomes in developing economies are increasing consumer spending on a wider range of goods, boosting demand across various product categories. E-commerce penetration continues to rise, particularly within the food, beverage, and grocery, and personal care sectors, creating new avenues for retail expansion and consumer convenience. The increasing preference for organized retail formats, including supermarkets and hypermarkets, over traditional, smaller stores reflects a shift towards a more streamlined and convenient shopping experience. Furthermore, strategic partnerships between retailers and brands enhance product availability and marketing reach, contributing to market growth. However, challenges remain. Intense competition among established players and the emergence of new entrants necessitates continuous innovation and adaptation. Economic fluctuations and inflationary pressures impact consumer spending patterns, potentially influencing market growth trajectories. Effective supply chain management becomes crucial in navigating these uncertainties. Segmentation analysis reveals a dynamic market landscape. Food, beverage, and grocery dominate the product type segment, followed by personal and household care and apparel. Retail chains hold a significant market share, while the online channel exhibits strong growth potential, indicative of evolving consumer preferences. Geographic distribution shows diverse growth patterns, with North America and Asia Pacific expected to be key contributors to overall market expansion. The projected market size for 2033 can be estimated by applying the CAGR to the 2025 value. Assuming a consistent growth rate, the market is expected to experience significant expansion over the forecast period, driven by continued economic growth, changing consumer habits, and technological advancements within the retail sector. A robust competitive landscape necessitates that companies focus on strategic differentiators such as personalized customer experiences, enhanced supply chain agility, and innovative retail technologies to secure a prominent position within this expanding market. This also emphasizes the necessity for ongoing market research and adapting strategies to meet changing consumer demands and market dynamics. Recent developments include: August 2023: Italian luxury fashion brand Gucci and Chinese e-commerce giant JD.com, popularly known as Jingdong, have partnered digitally. With the launch of a new digital flagship shop on the e-commerce retailer's platform, the partnership will reach a significant milestone., May 2023: Walmart announced the launch of over 28 healthcare facilities in its supercenters, providing value-based and dental care services.. Key drivers for this market are: Rapid Expansion of Urban Areas, Rise of E-commerce and Omnichannel Retailing. Potential restraints include: Rapid Expansion of Urban Areas, Rise of E-commerce and Omnichannel Retailing. Notable trends are: Emergence of Omnichannel Retailing is Driving the Market.
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The Retail E-Commerce Market size was valued at USD XX billion in 2023 and is projected to reach USD XXX billion by 2032, exhibiting a CAGR of 11.2 % during the forecasts period. Recent developments include: In May 2023, eBay acquired Certilogo S.p.A, Italy-based company that provides AI-powered digital IDs and authentication for apparel and fashion goods. The acquisition solidifies eBay as a trusted destination to shop for pre-owned fashion and apparel. Certilogo's platform permits consumers to confirm the authenticity of products and access reliable information about them. , In February 2023, Albertsons Companies introduced Sincerely Health, a digital health and well-being platform. The platform offers personalized pharmacy and health services that allow the customer to achieve their wellness goals with reward points, which can be used for grocery discounts. , In January 2023, Walmart Inc. launched Walmart Business as an eCommerce site and customer experience to assist small & medium businesses and nonprofit customers. The company aims to simplify purchasing, reduce expenses, and provide customers with additional chances to assist consumers and communities. .
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E-commerce companies sell various goods and associated services through online portals, either on websites, mobile apps or integrated into social media platforms. Internet access across Europe continues to accelerate, with the vast majority of countries boasting usage rates of over 80% of the population. The spread of fast broadband and mobile data has enabled rising numbers of Europeans to engage in e-shopping. Over the five years through 2025, e-commerce revenue is slated to climb at a compound annual rate of 4% to reach €352.5 billion. E-tailers benefit from lower overhead costs than bricks-and-mortar stores, enabling them to offer highly competitive prices and draw sales away from traditionally popular establishments like department stores. E-tailers have taken off by leveraging these cost advantages to appeal to an increasingly price-conscious consumer base. The expansion of value-added services like buy now, pay later and fast, flexible delivery options have contributed to strong industry growth. However, the industry hasn’t been immune to recent cos-of-living pressures; sky-high inflation across much of Europe severely dented Europeans’ spending power, with drops in sales volumes affecting many online stores in 2023. Despite this, revenue continues on an upwards trajectory as inflation outweighs the drop in volume sales, contributing to forecast revenue growth of 3.9% in 2025. Looking forwards, rising internet penetration will continue to provide a growing market for e-tailers, driving revenue upwards at a projected compound annual rate of 6.3% over the five years through 2030 to reach €478.9 billion. E-tailers will continue to adapt their business practices and product selections to reflect the ever-growing level of environmental awareness. Delivery fleets will become fully electrified for many companies, while increasingly stringent waste regulations will force companies to adopt biodegradable or recyclable packaging in the coming years. Still, online retailers must innovate to compete with rival Asian companies like Temu as these competitors increasingly penetrate European markets. The integration of Gen AI and data analytics will transform business operations, making them more efficient and helping to lower wage costs, supporting profitability.
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US B2C E-Commerce Market Size 2025-2029
The US B2C e-commerce market size is valued to increase USD 289.2 billion, at a CAGR of 8.7% from 2024 to 2029. Rise in online spending and smartphone penetration will drive the US B2C e-commerce market.
Major Market Trends & Insights
By Type - B2C retailers segment was valued at USD 191.90 billion in 2022
By Application - Consumer electronics and home appliances segment accounted for the largest market revenue share in 2022
CAGR from 2024 to 2029: 8.7%
Market Summary
The B2C E-Commerce Market in the US continues to evolve, driven by the rising trend of online spending and increasing smartphone penetration. US e-commerce sales are projected to reach USD 863.4 billion by 2023, representing a significant market expansion. Core technologies and applications, such as artificial intelligence and augmented reality, are transforming the shopping experience, while service types and product categories, including food delivery and subscription services, are gaining popularity. The emergence of omnichannel retailing is blurring the lines between online and offline shopping, offering consumers seamless experiences.
However, logistics management remains a critical challenge, leading to high overhead costs. Regulations, such as data privacy laws, also impact the market dynamics. Staying updated on these evolving trends and patterns is essential for businesses aiming to succeed in the US B2C E-Commerce Market.
What will be the Size of the US B2C E-Commerce Market during the forecast period?
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How is the B2C E-Commerce in US Market Segmented ?
The B2C e-commerce in US industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
B2C retailers
Classifieds
Application
Consumer electronics and home appliances
Apparel and accessories
Personal care
Others
Platform
Multi-brand
Single-brand
Consumer Segment
Millennials
Gen Z
Baby Boomers
Families
Platform Type
Online Marketplaces
Brand Websites
Social Commerce
Delivery Format
Standard Shipping
Same-Day Delivery
Subscription-Based
Geography
North America
US
By Type Insights
The B2C retailers segment is estimated to witness significant growth during the forecast period.
The B2C e-commerce market in the US continues to evolve, driven by increasing retail sales and the preference for secure online transactions. According to recent data, e-commerce sales accounted for over 16% of total retail sales in 2020, a figure that is expected to reach 22% by 2024. To attract and retain customers, B2C companies employ various strategies, including conversion rate optimization, digital marketing, and personalization. These efforts result in substantial website traffic, with an average shopping cart abandonment rate of 69.57%. Effective customer relationship management is crucial, with tools like CRM systems, email marketing automation, and customer loyalty programs helping to foster long-term relationships.
E-commerce platforms and inventory management systems streamline operations, while search engine optimization and social media marketing boost website visibility. Mobile commerce and mobile app development cater to the growing number of mobile users, and influencer marketing, content marketing, and affiliate marketing expand reach. Security remains a priority, with e-commerce security measures, fraud detection systems, and data analytics dashboards ensuring a safe and efficient shopping experience. Pricing strategies, user experience design, and search advertising further enhance the customer journey. Ultimately, the focus on improving the overall shopping experience and supply chain efficiency drives growth in the B2C e-commerce market.
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The B2C retailers segment was valued at USD 191.90 billion in 2019 and showed a gradual increase during the forecast period.
Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
In the dynamic and ever-evolving B2C e-commerce landscape of the US market, businesses are constantly seeking innovative strategies to optimize their online retail customer journey and enhance conversion rates. Website design plays a pivotal role in this process, with effective email marketing automation strategies complementing the digital marketing efforts. Measuring return on investment (ROI) from these initiatives is crucial, necessitating ecommerce platform integration with payment gateways. Mobile shopping experi
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TwitterIn 2024, Alibaba's Tmall ranked first among China's comprehensive e-commerce retailers, with a market share of **** percent. Pinduoduo ranked second with a GMV share of ** percent. E-commerce retail in ChinaChina has become one of the world’s largest e-commerce markets. As a major driver of the country’s retail economy, e-commerce sales share experienced a considerable rise from **** percent of the total retail sales in 2014, to about **** percent in 2024. The e-commerce retail sales value was estimated to reach **** trillion U.S. dollars by 2027. Alibaba: the e-commerce giantEstablished in 1999, Alibaba.com was founded by Jack Ma, who stepped down as chairman in September 2019. Initially, Alibaba was a traditional e-commerce company but has now transformed into a conglomerate. It has a wide range of business including services such as financial, logistics, digital media, and cloud computing. In fiscal year 2025, the revenue of Alibaba amounted to around *** billion yuan. The number of active consumers across Alibaba's online shopping properties reached *** million in the first quarter of 2022. Alibaba Group launched the Singles’ Day marketing plan in 2008, focusing on offering numerous discounts, red packet coupons, and promotions to improve sales on November 11 (or 11.11). This date was chosen to represent single people among Chinese youth from the early 1990s. In 2021, Alibaba's gross merchandise volume on Singles' Day skyrocketed to ***** billion U.S. dollars. This represented an astonishing growth from **** billion U.S. dollars just a decade earlier.
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TwitterAccording to estimates, Amazon claimed the top spot among online retailers in the United States in 2023, capturing 37.6 percent of the market. Second place was occupied by the e-commerce site of the retail chain Walmart, with a 6.4 percent market share, followed in third place by Apple, with 3.6 percent.
Amazon’s continued success
Amazon has long dominated the e-commerce market as the world’s favorite online marketplace. In 2022, company hit over half a trillion U.S. dollars in net sales. The United States is by far Amazon’s most profitable market, as the U.S. branch generated over 356 billion U.S. dollars in sales in 2022. Germany ranked second, with 33 billion dollars, followed closely by the United Kingdom with 30 billion dollars.
Online shopping on the rise
Online shopping has grown significantly over the past decade, with more people turning to the internet for their shopping needs. The proof is in the numbers: the U.S. e-commerce industry was worth almost a trillion dollars in 2023. By 2027, forecasts show that the online market will grow to more than 50 percent. U.S. online shoppers purchase fashion and food and beverages the most via the internet.