Top 10 Most Valuable E-commerce Companies in the World: Amazon Takes the Crown

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Erlina Fury Santika 19/03/2024 07:11 WIB

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Data from CompaniesMarketcap shows the top 10 most valuable e-commerce companies globally by market capitalization as of March 2024. Amazon is the leader.

Top 10 Global E-commerce Companies by Market Capitalization (March 19, 2024)

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Top 10 Global E-commerce Companies by Market Capitalization (March 19, 2024)

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Data on Companies' Market Capitalization shows that Amazon is the world's most valuable e-commerce company. Its market capitalization reached US$1.81 trillion on Tuesday, March 19, 2024.

Generally speaking, the company founded by Jeff Bezos ranks sixth globally in terms of overall market capitalization. Its 2024 market capitalization surpasses the 2023 average of US$1.57 trillion. This value is significantly higher than that of other e-commerce companies.

In second place is Alibaba, the Chinese e-commerce company founded by Jack Ma, with a market capitalization of US$184.06 billion.

Third place, also from China, is Pinduoduo, with a market capitalization exceeding US$171 billion.

Fourth is Shopify from Canada, at US$99.78 billion. Fifth place is Mercado Libre from Uruguay, at US$76.50 billion.

Following these are Meituan, Copart, Jingdong Mall, Sea, and Coupang. Below is a detailed list of the top 10 e-commerce companies by market capitalization as of March 19, 2024:

1. Amazon US$1.81 trillion
2. Alibaba US$184.06 billion
3. Pinduoduo US$171 billion
4. Shopify US$99.78 billion
5. Mercado Libre US$76.50 billion
6. Meituan US$72.08 billion
7. Copart US$53.92 billion
8. Jingdong Mall US$43.69 billion
9. Sea (Garena) US$32.90 billion
10. Coupang US$32.69 billion

(Also read: Shopee Dominates Indonesia's Beauty Product E-commerce Market)

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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