You asked: What is China’s largest eCommerce company?

In 2020, Alibaba remained the most valuable e-commerce company in China, with an estimated company value of about 4.1 trillion yuan.

Which is the biggest e-commerce company in China?

Biggest E-Commerce Companies in China

  • Douyin Flagship Store, Owned by ByteDance Inc. Revenue: US$35 billion, 2020. …
  • Yihaodan, Owned by JD.com Inc. (NASDAQ: JD) …
  • Autohome Inc. (NYSE: ATHM) …
  • Xingin Information Technology (Shanghai) Co, Ltd. …
  • Momo Inc. …
  • Jumei International Holding Ltd (NYSE: JMEI) …
  • Pinduoduo Inc. …
  • 58.com Inc.

Who is the largest online retailer in China?

In 2019, Alibaba’s Tmall, JD.com, and Pinduoduo ranked as the leading three Chinese e-commerce retailers, accounting for nearly 80 percent of the total online retail sales in the country. China has become one of the world’s largest e-commerce markets.

What is the largest e-commerce company?

Amazon. Amazon is the world’s largest e-commerce company with consistent annual revenue growth year-over-year. Much of the e-commerce giant’s success may be attributed to its omnichannel initiatives and diverse product offerings, though the COVID-19 pandemic was also beneficial for Amazon’s GMV growth in 2020.

Is Alibaba bigger than Amazon?

Alibaba is now the world’s largest online and mobile commerce company. … Alibaba derives a similar financial benefit in China from its cloud offering. In terms of scale, Alibaba is way bigger than Amazon.

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Is Alibaba the largest ecommerce company?

Alibaba is China’s — and by some measures, the world’s — biggest online commerce company. Its three main sites — Taobao, Tmall and Alibaba.com — have hundreds of millions of users, and host millions of merchants and businesses. Alibaba handles more business than any other e-commerce company.

How many e-commerce companies are in China?

Number of listed Chinese e-commerce companies 2020, by company type. As of the end of 2020, there were 74 domestic public e-commerce companies in China, including Hong Kong. Among them, 34 listed companies were online retail providers.