15 World's Biggest E-Commerce Companies in 2022

15 World’s Biggest E-commerce Companies in 2022

15 World’s Biggest E-commerce Companies- Based on data from the company’s annual report in 2022, there are 15 world’s biggest e-commerce companies in 2022. They are the king of the world’s online commerce market with their own uniqueness with the extensive market. In 2022, they get billions of dollars in profits with assets A Billion of US Dollars.


The leaders of Ecommerce Industries

E-commerce itself is a concept and a way of trading (buying or selling products electronically/online). E-commerce activities can be carried out via a computer, tablet, or smartphone. The effectiveness and efficiency of trading using e-commerce methods will be much preferable to conventional trading. In the early 2000s, this e-commerce trade began to grow rapidly along with the advancement of information technology and network connectivity between countries or regions around the world. At first, several companies such as Amazon and eBay tried to pioneer the online transaction system and along with the development of time and technology. From time to time, many e-commerce companies are growing to become new players in the e-commerce industry with their uniqueness. Along with the global pandemic of Covid-19, e-commerce can help the customer get their products via online distribution.


The list of Some of World's Biggest E-commerce Companies


The proliferation of e-commerce companies around the world certainly has its own impact on business competition in this sector. Many companies provide unique marketplaces that make it easy for customers to trade or buy goods online. Here are the 10 largest e-commerce companies in the world in 2022. This data comes from from the Annual Reports of each company in 2022.


The World’s Biggest E-commerce Companies Ranking Table in 2022 based on The Net Income

RankCompaniesAssetsAssetsLiabilitiesLiabilities
Origin Currencyin US DollarOrigin Currencyin US Dollar
1Amazon462 Billion US Dollar 462 Billion US Dollar 316 Billion US Dollar316 Billion US Dollar
2Alibaba255 Billion US Dollar255 Billion US Dollar91.7 Billion US Dollar91.7 Billion US Dollar
3Rakuten12.5 Trillion Yen 87 Billion US Dollar 11.9 Trillion Yen 83 Billion US Dollar
4JD 86 Billion US Dollar 86 Billion US Dollar 46.5 Billion US Dollar46.5 Billion US Dollar
5Pinduoduo34.3 Billion US Dollar 34.3 Billion US Dollar 17.3 Billion US Dollar 17.3 Billion US Dollar
6Meituan 244 Billion Yuan 34.16 Billion US Dollar115 Billion Yuan 16 Billion US Dollar
7Ebay20.8 Billion US Dollar 20.8 Billion US Dollar 15.6 Billion US Dollar 15.6 Billion US Dollar
8Suning139 Billion Yuan19.4 Billion US Dollar 124 Billion Yuan17.3 Billion US Dollar
9Otto Group14 Billion Euro14 Billion US Dollar8.9 Billion Euro8.9 Billion US Dollar
10Mercado Libre13.7 Billion US Dollar13.7 Billion US Dollar11 Billion US Dollar 11 Billion US Dollar
11Shopify10.7 Billion US Dollar 10.7 Billion US Dollar 2.5 Billion US Dollar 2.5 Billion US Dollar
12Coupang 9.5 Billion US Dollar9.5 Billion US Dollar7 Billion US Dollar7 Billion US Dollar
13Zalando7.6 Billion Euro7.6 Billion US Dollar5.4 Billion Euro5.4 Billion US Dollar
14Copart5.3 Billion US Dollar 5.3 Billion US Dollar 683 Million US Dollar 683 Million US Dollar
15WayFair3.5 Billion US Dollar3.5 Billion US Dollar6.1 Billion US Dollar6.1 Billion US Dollar
Source : Annual Report, 2022
Currency Rate :1 Euro = 1 US Dollar
1 Yen = 0.007 US Dollar
1 Yuan (RMB) = 0.14 US Dollar
Origin Currency – Currency that officially Used in Annual Report 2022
US Dollar – Converted Currency From Origin Currency into US Dollar Using Currency Rate

Related to the company’s performance, here are some additional data related to the condition of the company’s assets and Liabilities (debts). This data comes from the Balance Sheet which is taken from the Annual reports of each company in 2020.


Table of Assets and Liabilities of 15 World’s Biggest E-commerce Companies in 2022

RankCompaniesRevenueRevenueNet IncomeNet Income / Loss
Origin Currencyin US DollarOrigin Currencyin US Dollar
1Alibaba126 Billion US Dollar126 Billion US Dollar9.5 Billion US Dollar9.5 Billion US Dollar
2Pinduoduo18.9 Billion US Dollar 18.9 Billion US Dollar 4.5 Billion US Dollar 4.5 Billion US Dollar
3JD 151 Billion US Dollar 151 Billion US Dollar 1.4 Billion US Dollar1.4 Billion US Dollar
4Copart3.5 Billion US Dollar 3.5 Billion US Dollar 1 Billion US Dollar 1 Billion US Dollar
5Mercado Libre10.5 Billion US Dollar10.5 Billion US Dollar482 Million US Dollar482 Million US Dollar
6Zalando10.3 Billion Euro10.3 Billion US Dollar16.8 million Euro16.8 million US Dollar
7Coupang 20.5 Billion US Dollar20.5 Billion US Dollar(-92 Million US Dollar)(-92 Million US Dollar)
8Otto Group16.1 Billion Euro16.1 Billion US Dollar(-413 million Euro)(-413 million US Dollar)
9Meituan 219 Billion Yuan 30 Billion US Dollar(-6.6 Billion Yuan)(0.9 Billion US Dollar)
10Ebay9.7 Billion US Dollar 9.7 Billion US Dollar (-1.2 Billion US Dollar)(-1.2 Billion US Dollar)
11WayFair12.2 Billion US Dollar12.2 Billion US Dollar(-1.3 Billion US Dollar)(-1.3 Billion US Dollar)
12Suning70.9 Billion Yuan9.9 Billion US Dollar(-16.2 Billion Yuan)(-2.2 Billion US Dollar)
13Rakuten1.92 Trillion Yen 13.4 Billion US Dollar (-375 Billion Yen )(-2.6 Billion US Dollar)
14Amazon513 Billion US Dollar 513 Billion US Dollar (-2.7 Billion US Dollar)(-2.7 Billion US Dollar)
15Shopify5.5 Billion US Dollar 5.5 Billion US Dollar (-3.4 Billion US Dollar )(-3.4 Billion US Dollar )
Source : Annual Report, 2022
Currency Rate1 Euro = 1 US Dollar
1 Yen = 0.007 US Dollar
1 Yuan (RMB) = 0.14 US Dollar
Origin Currency – Currency that officially Used in Annual Report 2022
US Dollar – Converted Currency From Origin Currency into US Dollar Using Currency Rate

Brief Description of the 15 World’s Biggest E-commerce Companies in 2022

Brief Description of E-Commerce Companies


1.Alibaba

Alibaba is a Chinese multinational company that specializes in e-commerce and technology. Until now, Alibaba is one of the biggest e-commerce companies in the world. The company owns and operates diverse businesses around the world in various sectors and become one of the most admired companies in the world by Fortune Magazine. In 2018, the market capitalization value of this company reached more than 500 billion US Dollars.  

Alibaba-One of the biggest e-commerce companies in 2022

Based on its history, Alibaba was founded by Jack Ma and Peng Lei in Hangzhou, Zhejiang, China on April 4, 1999. Along with the company’s business development, until now the company has employed around 66 thousand employees worldwide and has operations in more than 200 countries in the world. the world with assets recorded in the financial statements 2022 reaching 255 billion US dollars. Furthermore, In 2022, this company recorded a positive performance by recording a profit of 9.5 billion US dollars.


2.Amazon

Amazon is one of the world’s largest e-commerce companies in 2020. The company is one of the most admired companies in the e-commerce field. Founded on July 5, 1994, in Bellevue, Washington, United States, this company has grown to become one of the world’s biggest e-commerce companies with assets of 321 billion US dollars. Of course, the key figure of this company is Jeff Bezos, who is a former alumnus of Princeton University, United States.

Amazon-One of the biggest e-commerce companies in 2022

To date, Amazon has employed about 647,000 employees spread across the world. In 2022, based on annual report, the company recorded a negative performance by suffering net loss of -2.7 Billion US Dollar.


3.JD

JD is known as “Jingdong” is a leading e-commerce company that has main office in Beijing, China. Based on history. This company was formerly called 360buy. The company was founded by Liu Qiangdong in 1998. The company has become one of the global biggest e-commerce companies from China besides Alibaba from time to time. Until now, the company has more than 1000 storage warehouses spread across the world with annual active customers who transact through JD.com reaching 500 million.

JD-One of the World's biggest e-commerce companies in 2022

Until now, Based on Annual Report 2022, this company has assets of 86 billion US dollars. While the performance in 2022, based on the company’s annual report in 2022, the company managed to earn a profit of 1.4 billion US dollars.


4.eBay

Ebay-One of the World's biggest e-commerce companies in 2022

eBay is one of the leading e-commerce companies in the United States. Founded on September 3, 1995, by Pierre Omidyar, the company that was formerly called AuctionWeb and has its main office in San Jose, California, United States. From time to time, this company has employed about 13 thousand employees spread all over the world. In 2022, based on the 2022 annual report, the assets owned by this company reached 20 billion US dollars. Furthermore, the company’s performance showed negative results by suffering with -1.2 Billion US Dollar of net loss.


5.Shopify

Shopify is a Canadian-based e-commerce company that has a main office in Ottawa, Ontario, Canada. The company was founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake. To date, Shopify has employed approximately 7000 employees spread across Canada.

Shopify-One of the World's biggest e-commerce companies in 2022

In 2022, based on the annual report, the assets owned by this company reached 10.7 billion US dollars. In 2022, the company’s performance showed negative results by suffering a net loss of 3.4 billion US Dollars.


6.Zalando

Zalando-One of the World's biggest e-commerce companies in 2022

Zalando is an e-commerce company from Germany that has main office in Berlin, Germany. The company was founded in October 2008 by Rocket Internet, Robert Gentz, and David Schneider. In business terms, the company’s operations spread across several countries, especially the European Union, such as Germany, Austria, Switzerland, France, Belga, Netherlands, Italy, Spain, Poland, Sweden, Denmark, Finland, Norway, Slovenia, Ireland, Luxembourg, Czech Republic. and Great Britain. In 2022, based on the company’s financial statements, the assets owned by this company reached 7.6 billion Euros. According to the annual report in 2022, the net profit obtained by this company reached 16.8 million euros.


7.Coupang

Coupang-One of the World's biggest e-commerce companies in 2022

Coupang is the largest e-commerce company in South Korea. The company has main office in Jamsil-dong, Songpa-gu, Seoul, South Korea. Founded on July 1, 2008, this company has grown rapidly to become a leading e-commerce company in South Korea and the world with around 37 thousand employees. In 2022, the company’s assets will reach 9.5 billion US dollars. In terms of business performance, based on Annual Report 2022, this company experienced a negative performance by getting a net loss of -92 Million US Dollars.


8.Rakuten

Rakuten-One of the World's biggest e-commerce companies in 2022

Rakuten Group Kabushiki-Kaisha or known as Rakuten is a leading e-commerce company from Japan headquartered in Setagaya, Tokyo, Japan. The founder of this e-commerce company is Hiroshi Mikitani. Until now, this company has employed about 18 thousand people. In 2020, the company, which was founded on February 7, 1997, has assets of 12.5 Trillion Yen / 87 Billion US Dollar. However, based on the company’s 2022 annual report, it showed that this company had a net loss of -375 Billion Yen / -2.6 Billion US Dollar.


9.Suning

Suning-One of the World's biggest e-commerce companies in 2022

Suning is a Chinese e-commerce company that has its main office in Nanjing, China. According to the company’s history, the company was founded by Zhang Jindong in 1990 and has employed 300 thousand employees. In 2022, this e-commerce company from China has assets of 139 Billion Yuan / 19.4 Billion US Dollar. In relating to business performance, the company still suffered net loss -16.2 Billion Yuan / -2.2 Billion US Dollar.


10.Pinduoduo

Pinduoduo-One of the World's biggest e-commerce companies in 2022

Pinduoduo is an e-commerce company from China that was founded in 2015. Until now, the company has a main office in Shanghai China with a total employee of about 5 thousand people. In 2022, based on the company’s annual report 2022, this company has assets of 34.3 Billion US Dollar. In addition, the company’s performance showed positive results by recording a net income of 4.5 Billion US Dollar.

11.Meituan

Meituan is a Chinese e-commerce company for consumer products and retail services including entertainment, dining, delivery, travel and other products. Historically, this company was founded in 2010 and has grown rapidly to become one of the biggest e-commerce companies in China. Operationally, Meituan has a main office in Beijing, China, which employs 46 thousand people.

Meituan-One of the World's biggest e-commerce companies in 2022

Financially, in 2022, according to its annual report, Meituan has assets around 244 billion Yuan / 34.16 Billion US Dollar with liabilities around 115 Billion Yuan / 16 Billion US Dollar. Based on the business performance in 2022, Meituan gained revenue around 219 billion Yuan / 30 billion US Dollar but suffered net loss around (-6.6 Billion Yuan) / (0.9 billion US Dollar).

12. Otto Group

Historically, the Otto Group was founded on August 17th, 1949, by Werner Otto. In the beginning, this company was a mail-order company. Operationally, this company has a main office in Otto (GmbH & Co KG), Hamburg, Germany.  Along with business development, Otto Group has grown into one of the main companies in e-commerce with 10 million of active customers.

Otto Group-One of the World's biggest e-commerce companies in 2022

Financially, in 2022, Otto Group has assets around 14 billion Euro / 14 billion US Dollar with liabilities around 8.9 billion Euro / 8.9 billion US Dollar. Furthermore, in 2022, the company’s revenue was 16.1 billion Euro / 16.1 billion US Dollar but suffered net loss around (-413 million Euro) / (-413 million US Dollar).

13.MercadoLibre

MercadoLibre is one of the largest online commerce companies in Latin America based on unique visitors and orders processed. Along with business development, MercadoLibre has expanded its service in some countries in Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay, Venezuela, Bolivia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Honduras, Nicaragua, Panama, Paraguay and El Salvador. Furthermore, MercadoLibre trades a wide range of categories such as consumer electronics, apparel and beauty, home goods, automotive accessories, toys, books and entertainment and consumer packaged goods.

MercadoLibre-One of the World's biggest e-commerce companies in 2022

Financially, in 2022, MercadoLibre has assets around 13.7 billion US Dollar with Liabilities around 11 billion US Dollar. Based on the business performance in 2022, MercadoLibre gained revenue around 10.5 billion US Dollar and Net income around 482 million US Dollar.

14.Copart

Copart is an e-commerce company with mainly focus on online auto auction industry. Historically, Copart was founded in 1982 by Willis J. Johnson in Vallejo, California and still has a main office in Dallas, Texas, United States of America (USA). Along with business development, Copart has some office presence in the United Arab Emirates, Finland, Germany, Brazil, Spain, and Germany.

Copart-One of the World's biggest e-commerce companies in 2022

Financially, according to Annual Report, in 2022, Copart has assets around 5.3 billion US Dollar with Liabilities around 683 million US Dollar. Based on the business performance in 2022, the Copart gained revenue around 3.5 billion US Dollar and net income around 1 billion US Dollar.

15. Wayfair

Wayfair-One of the World's biggest e-commerce companies in 2022

Wayfair is an e-commerce company which focussed on home & furniture products. Along with business development, Wayfair has served 21.8 active customers. Furthermore, Wayfair has 40 million products, and 20 thousand suppliers. Financially in 2022, According to Annual Report in 2022, WayFair has assets around 3.5 billion US Dollar and liabilities around 6.1 billion US Dollar. In terms of business performance, the revenue of Wayfair reached 12.2 billion US Dollar but suffered net loss around (-1.3 Billion US Dollar).



The Summary of World’s Biggest E-Commerce Companies in 2022


The Revenue of World's Biggest E-Commerce Companies in 2022

The Assets of World's Biggest E-Commerce Companies in 2022


Here is Our Video About the 10 World’s Biggest E-commerce Companies in 2020 on YouTube. Check This Out :




Reference Source 15 World’s Biggest E-commerce Companies in 2022.


Amazon. 2023. Annual Report 2022. Accessed Via https://ir.aboutamazon.com/annual-reports-proxies-and-shareholder-letters/default.aspx   on August 16th, 2023

Alibaba. 2023. Annual Report 2022. Accessed Via https://www.alibabagroup.com/en/ir/reports  on August 16th, 2023

Jingdong (JD). 2023. Annual Report 2022. Accessed Via https://ir.jd.com/annual-reports  on August 16th, 2023

eBay. 2023. Annual Report 2022. Accessed Via https://investors.ebayinc.com/financial-information/financial-summary/default.aspx   on August 16th, 2023

Shopify. 2023. Annual Report 2022. Accessed Via https://investors.shopify.com/financial-reports/default.aspx   on August 16th, 2023

Zalando. 2023. Annual Report 2022. Accessed Via https://corporate.zalando.com/en/investor-relations/annual-report-2020  August 16th, 2023

Coupang. 2023. Annual Report 2022. Accessed Via https://ir.aboutcoupang.com/English/home/default.aspx  on August 16th, 2023

Rakuten. 2023. Annual Report 2022. Accessed Via https://global.rakuten.com/corp/investors/documents/annual.html   on August 16th, 2023

Suning. 2023. Annual Report 2022. Accessed Via https://www.suning.cn/static/snsite/contentresource/2020-05-22/2fb07c2f-79eb-4420-8e00-35cf9a973568.pdf  on August 16th, 2023

Pinduoduo. 2023. Annual Report 2022. Accessed Via https://investor.pddholdings.com/financial-information/annual-reports   on August 16th, 2023

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