Curious about which are the largest online retailers in the world? Needless to say, the internet has profoundly changed our lives, including the way we shop. Online retailers have become profit-making monsters in the last decades, and they pose a threat to other industries. That’s why many entrepreneurs have decided to either venture into the e-commerce field, or make a transition from physical to virtual retail.
The online sales medium has proved very profitable; no wonder many investors have and are deciding to buy stock from these companies. I’m certain that you’re tempted now, so whether you’re looking to invest or buy, you should also check out our list of The Internet’s 5 Biggest Online Stores.
Based on data from Internet Retailer (a research firm that ranks the largest U.S. online companies) and recent news from various websites on economics and finances worldwide, we’ve managed to compile a list of the top five e-retailers in the world. The latest information shows that China has surpassed the U.S. in terms of online retail, and that Europe lags behind. Moreover, Apple has surprisingly out-shined other companies and has climbed to the one of the top positions in the American online market.
You’re likely anxious to discover which are the largest online retailers in the world now. Take a look at our list to find out.
Once upon a time, this gargantuan retail company used to rank higher, but not anymore. Dwarfed by other big shots, this American retail staple is still great at customer awareness and community connection. The exposure this company has from its stores has built a great customer base for their e-commerce ventures. According to the figures of 2013’s worldwide online sales, Wal-Mart sales amounted to approximately $10 billion.
Closely following Wal-Mart is Staples. Its online sales amounted to $10.4 billion, an impressive number for the office supply chain store. Just like Wal-Mart, this company has done very well with customer awareness. Moreover, other features that make Staples an exceptional business are their online ordering systems and customer loyalty. This company remains at the top of office supply businesses, both in physical stores and online.
The list of the largest online retailers in the world continues on the next page with oneof the most popular companies on the planet.