20 World's Largest E-Commerce Companies

 

20 World’s Biggest E-commerce Companies in 2024

 

20 World’s Biggest E-commerce Companies- Based on data from the company’s annual report in 2024, there are 20 world’s biggest e-commerce companies in 2024. They are the king of the world’s online commerce market with their own uniqueness with the extensive market. In 2024, they get billions of dollars in profits with assets A Billion of US Dollars.

 

E-commerce itself is a concept and a way of trading (buying or selling products electronically/online). E-commerce activities can be conducted 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 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 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 the Annual Reports of each company in 2024.

 

The Table Rank of 20 World’s Biggest E-commerce Companies based on The Net Income in 2024

 

 

Rank	Name of E-Commerce Companies	Total Revenue	Total Revenue	Net Income / (Loss)	Net Income / (Loss)
		Origin Currency	(US Dollar (USD))	Origin Currency	(US Dollar (USD))
1	Amazon	USD 638 billion	USD 638 billion	USD 59.2 billion	USD 59.2 billion
2	Alibaba	USD 137 billion	USD 137 billion	USD 17.3 billion	USD 17.3 billion
3	PDD Holdings	USD 53.9 billion	USD 53.9 billion	USD 15.4 billion	USD 15.4 billion
4	JD.com, Inc.	USD 158.7 billion	USD 158.7 billion	USD 6.1 billion	USD 6.1 billion
5	Meituan	CNY 337 billion	USD 47.18 billion	CNY 35.8 billion	USD 5 billion
6	Shopify	USD 8.8 billion	USD 8.8 billion	USD 2 billion	USD 2 billion
7	eBay	USD 10.28 billion	USD 10.28 billion	USD 1.97 billion	USD 1.97 billion
8	Mercado Libre	USD 20.77 billion	USD 20.77 billion	USD 1.9 billion	USD 1.9 billion
9	Copart	USD 4.64 billion	USD 4.64 billion	USD 1.54 billion	USD 1.54 billion
10	Vipshop Holdings	USD 14.85 billion	USD 14.85 billion	USD 1 billion	USD 1 billion
11	Sea Limited	USD 16.8 billion	USD 16.8 billion	USD 0.447 billion	USD 0.447 billion
12	Carvana	USD 13.67 billion	USD 13.67 billion	USD 0.404 billion	USD 0.404 billion
13	Chewy	USD 11.86 billion	USD 11.86 billion	USD 0.392 billion	USD 0.392 billion
14	Zalando	EUR 10.5 billion	USD 12.3 billion	EUR 0.251 billion	USD 0.29 billion
15	Otto Group	EUR 14.9 billion	USD 17.5 billion	EUR 0.16 billion	USD 0.18 billion
16	Coupang	USD 30.2 billion	USD 30.2 billion	USD 0.066 billion	USD 0.066 billion
17	ASOS Plc	GBP 2.47 billion	USD 3.33 billion	(GBP -0.29 billion)	(USD -0.39 billion)
18	Wayfair	USD 11.8 billion	USD 11.8 billion	(USD -0.49 billion)	(USD -0.49 billion)
19	Ozon	RUB 615 billion	USD 7.99 billion	(RUB -59.4 billion)	(USD -0.77 billion)
20	Rakuten	JPY 2.27 trillion	USD 14.5 billion	(JPY -129 billion)	(USD -0.82 billion)
Source: Annual Report, 2024
Currency Rates:
	1 Euro (EUR) = 1.18 US Dollar (USD)
	1 Japanese Yen (JPY) = 0.0064 US Dollar (USD)
	1 Chinese Yuan (CNY) = 0.14 US Dollar (USD)
	1 Great British Pound (GBP) = 1.35 US Dollar (USD)
	1 Russian Ruble (RUB) = 0.013 US Dollar (USD)
Origin Currency - Currency that officially Used in Annual Report 2024
US Dollar - Converted Currency from Origin Currency into US Dollar Using Currency Rates

 

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 2022.

 

Table Rank of 20 World’s Biggest E-commerce Companies based on Total Assets in 2024

 

Rank	Name of E-Commerce Companies	Total Assets	Total Assets	Total Liabilities	Total Liabilities
		Origin Currency	(US Dollar (USD))	Origin Currency	(US Dollar (USD))
1	Amazon	USD 624 billion	USD 624 billion	USD 339 billion	USD 339 billion
2	Alibaba	USD 248.6 billion	USD 248.6 billion	USD 98.4 billion	USD 98.4 billion
3	Rakuten	JPY 26.5 trillion	USD 169 billion	JPY 25.5 trillion	USD 163 billion
4	JD.com, Inc.	USD 95.6 billion	USD 95.6 billion	USD 52.7 billion	USD 52.7 billion
5	PDD Holdings	USD 69.2 billion	USD 69.2 billion	USD 26.2 billion	USD 26.2 billion
6	Meituan	CNY 324 billion	USD 45.4 billion	CNY 151 billion	USD 21.1 Billion
7	Mercado Libre	USD 25.2 billion	USD 25.2 billion	USD 20.8 billion	USD 20.8 billion
8	Sea Limited	USD 22.6 billion	USD 22.6 billion	USD 141 billion	USD 141 billion
9	eBay	USD 19.4 billion	USD 19.4 billion	USD 14.2 billion	USD 14.2 billion
10	Otto Group	EUR 13.4 billion	USD 15.8 billion	EUR 8.54 billion	USD 10 billion
11	Coupang	USD 15.3 billion	USD 15.3 billion	USD 11.1 billion	USD 11.1 billion
12	Shopify	USD 13.9 billion	USD 13.9 billion	USD 2.43 billion	USD 2.43 billion
13	Ozon	RUB 890 billion	USD 11.5 billion	RUB 1,022 billion	USD 13.2 billion
14	Vipshop Holdings	USD 10.26 billion	USD 10.26 billion	USD 4.57 billion	USD 4.57 billion
15	Copart	USD 10 billion	USD 10 billion	USD 0.883 billion	USD 0.883 billion
16	Zalando	EUR 7.98 billion	USD 9.41 billion	EUR 5.31 billion	USD 6.3 billion
17	Carvana	USD 8.48 billion	USD 8.48 billion	USD 7.1 billion	USD 7.1 billion
18	Wayfair	USD 3.45 billion	USD 3.45 billion	USD 6.21 billion	USD 6.21 billion
19	Chewy	USD 3 billion	USD 3 billion	USD 2.75 billion	USD 2.75 billion
20	ASOS Plc	GBP 1.67 billion	USD 2.25 billion	GBP 1.45 billion	USD 1.95 billion
Source: Annual Report, 2024
Currency Rate:
	1 Euro (EUR) = 1.18 US Dollar (USD)
	1 Japanese Yen (JPY) = 0.0064 US Dollar (USD)
	1 Chinese Yuan (CNY) = 0.14 US Dollar
	1 Great British Pound (GBP) = 1.35 US Dollar (USD)
	1 Russian Ruble (RUB) = 0.013 US Dollar (USD)
Origin Currency - Currency that officially Used in Annual Report 2024
US Dollar - Converted Currency from Origin Currency into US Dollar Using Currency Rates

 

Brief Description of the 20 World’s Biggest E-commerce Companies in 2024

 

1.Alibaba

 

Alibaba is a Chinese multinational company that specializes in e-commerce and technology. Until now, Alibaba has been one of the biggest e-commerce companies in the world. The company owns and operates diverse businesses around the world in various sectors and has 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.

Based on its history, Alibaba was founded by Jack Ma and Peng Lei in Hangzhou, Zhejiang, China on April 4, 1999. To date, Alibaba Group has diversified businesses including Taobao and Tmall Group, Alibaba International Digital Commerce Group, Cloud Intelligence Group, Cainiao Smart Logistics Network Limited, Local Services Group, Hujing Digital Media and Entertainment Group and All others. In trading industries, Alibaba.com serves more than 48 million small and medium-sized enterprises (SMEs) as buyers, with more than 200,000 suppliers on its platform worldwide and has gross merchandise volume (GMV) in 2024 around USD 60 billion. Furthermore, 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.

Financially, Alibaba has total assets recorded in the financial statements 2024 reaching USD 248.6 billion and total liabilities of around USD 98.4 billion. Furthermore, in 2024, Alibaba recorded a positive performance by recording a total revenue of around USD 137 billion with net income or profit of USD 17.3 billion.

 

2.Amazon

 

Founded on July 5, 1994, in Bellevue, Washington, United States by Jeff Bezos, Amazon still becomes one of the world's largest online retailers and marketplace, selling everything from electronics and apparel to groceries in 2024. To date, besides focusing on e-commerce industry through Amazon.com, This company has expanded its business into Cloud Computing (AWS) through Amazon Web Services (AWS), Subscription Services through Amazon Prime, selling some Devices and AI tools for example the Kindle e-reader, Echo smart speakers, and Ring security device. In terms of labor forces, as of December 31, 2024, Amazon employed approximately 1,556,000 full-time and part-time employees.

In terms of financial aspects, according to its annual report of 2024, Amazon has total assets of around USD 624 billion with total liabilities of around USD 339 billion. In terms of business performance in 2024, Amazon successfully gained total revenue of around USD 638 billion with net income or profit around USD 59.2 billion.

 

3. JD.com, Inc.

 

JD is known as “Jingdong” is a leading e-commerce company that has head office in Beijing, China. Based on history. This company was formerly called 360buy and it was founded by Liu Qiangdong in 1998. Commonly, to date, JD.com is known as a leading supply chain-based technology and service provider enabling consumers to have many diversified products or services. In terms of business conditions, besides focusing on the e-commerce industry, JD.com's business has expanded in retail, technology, logistics (operating 3,600 warehouses, with a total area exceeding 34 million square meters), health, industrials, property development, and international business. Along with business development, JD.com served over 700 million annual active customers and still became China's largest retailer by revenue. Until now, as of 2024, supported by its infrastructure and technologies across the nations, Total JD.com's Gross Merchandise Volume (GMV) for the full year of 2024 reached approximately 4.5 trillion RMB (roughly USD 620 billion).

Financially, based on Annual Report 2024, JD.com, Inc. has total assets of USD 95.6 billion with Total Liabilities of around USD 52.7 billion. In terms of business performance in 2024, JD.com, Inc. successfully generated total revenue of around USD 158.7 billion with net income of around USD 6.1 billion.

 

4.eBay

eBay is one of the leading e-commerce companies in the United States. Founded on September 3, 1995, in San Jose, California, by Pierre Omidyar, the company that was formerly called Auction Web and has its head office in San Jose, California, United States. Through www.ebay.com, this company can empower millions of buyers and sellers in more than 190 markets around the world and enable sellers’ access to eBay’s 134 million buyers worldwide. As of 2024, eBay enabled USD 75 billion of Gross Merchandise Volume (“GMV”). In the labor force, this company has employed about 11 thousand employees spread all over the world.

Financially, in 2024, according to the 2024 annual report, eBay has total assets of around USD 19.4 billion with total liabilities of around USD 14.2 billion. In terms of business performance in 2024, eBay successfully gained total revenue of around USD 10.28 billion with net income of around USD 1.97 billion.

          

5.Shopify

 

Shopify is a Canadian-based e-commerce company that has a head office in Ottawa, Ontario, Canada. Functionally, Shopify serves essential internet infrastructure for commerce. Basically, Shopify's platform makes it easier to start, run and grow a business, powering sales online, in store, and everywhere in between. Historically, the company was founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake and to date, Shopify has employed approximately 7000 employees spread across Canada. As of December 31, 2025, Shopify had millions of merchants from more than 175 countries and as of now, total sales through Shopify worldwide reached more than USD 1.1 trillion.

Financially, in the year 2024, Shopify has total assets of USD 13.9 billion and total liabilities of around USD 2.43 billion. In terms of business performance in 2024, Shopify successfully gained total revenue of around USD 8.8 billion with net income of around USD 2 billion.

 

6.Zalando

Zalando is an e-commerce company from Germany that has a head 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. As a leading European online platform for fashion and lifestyle, Zalando serves customers in 25 countries with active customers around 51.8 million and has more than 6,000 brands of fashion products. As of 2025, total Gross merchandise volume (GMV) of Zalando reached EUR 15,296 million.

Financially, according to its annual report of 2024, Zalando has total assets of around EUR 7.98 billion or equivalent to USD 9.41 billion with total liabilities of around EUR 5.31 billion or equivalent to USD 6.3 billion. In terms of business performance in 2024, Zalando successfully generated total revenue of around EUR 10.5 billion or equivalent to USD 12.3 billion and Net Income of around EUR 0.251 billion or equivalent to USD 0.29 billion.

 

7.Coupang

Coupang is the largest e-commerce company in South Korea. The company has a head 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. Commonly, Coupang is one of the world's growing technology and commerce companies, providing retail, restaurant delivery, video streaming, and fintech services to customers around the world under brands that include Coupang, Coupang Eats, Coupang Play and Farfetch.

Financially, according to its annual report of 2024, Coupang has total assets of around USD 15.3 billion with total liabilities of around USD 11.1 billion. In terms of business performance in 2024, Coupang successfully gained total revenue of around USD 30.2 billion and net income of USD 0.066 billion.

 

8.Rakuten

Rakuten Group Kabushiki-Kaisha or known as Rakuten is a leading e-commerce company from Japan headquartered in Setagaya, Tokyo, Japan which was founded on February 7, 1997. The founder of this e-commerce company is Hiroshi Mikitani. Until now, this company has employed about 29,334 people. Commonly, The Rakuten Group operates over 70 different services in a wide range of areas, including online services such as e-commerce, travel reservations, and digital content. As of now, Rakuten serves users worldwide through businesses based in 30 countries and regions.

Financially, according to the Rakuten Group Annual Report of 2024, Rakuten has total assets of around JPY 26.5 trillion or equivalent to USD 169 billion with total liabilities of around JPY 25.5 trillion or equivalent to USD 163 billion. In terms of business performance in 2024, Rakuten Group successfully gained total revenue of around JPY 2.27 trillion or equivalent to USD 14.5 billion but unfortunately suffered net loss of around (JPY -129 billion) or equivalent to (USD -0.82 billion).

 

9.Sea Limited

Sea Limited is a global technology company founded in Singapore in 2009. Commonly, Sea Limited operates three core businesses across digital entertainment, e-commerce, as well as digital payments and financial services, known as Garena, Shopee and Monee, respectively. Specifically, Garena is a leading global online games developer and publisher. Shopee is the largest pan-regional e-commerce platform in Southeast Asia, Taiwan, and Brazil. Monee is a leading digital payments and financial services provider in Southeast Asia, with a growing presence in Latin America.

Financially, in the year 2024, according to its annual report, Sea Limited has total assets of around USD 22.6 billion with total liabilities of around USD 141 billion. In terms of business performance in 2024, Sea limited successfully gained total revenue of around USD 16.8 billion with net income of around USD 0.447 billion.

 

10.Pinduoduo

PDD Holdings is a multinational commerce group that owns and operates a portfolio of businesses that started its business in 2015 through Hangzhou Aimi and Shanghai Xunmeng in parallel. PDD Holdings has an e-commerce platform through Pinduoduo and Temu. Pinduoduo founded in 2015 providing a comprehensive suite of product categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverages, consumer electronics, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness and auto accessories. Meanwhile, Temu was founded in September 2022 in Boston, Massachusetts, offering heavily discounted products directly from manufacturers.

Financially, in the year 2024, PDD Holdings has total assets of around USD 69.2 billion with total liabilities of around USD 26.2 billion. In terms of business performance in 2024, PDD holdings successfully gained total revenue of around USD 53.9 billion with net income of around USD 15.4 billion.

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 by Wang Xing and has grown rapidly to become one of the biggest e-commerce companies in China. Operationally, Meituan has a head office in Beijing, China, and employs around 46 thousand people. Basically, Meituan has some business including On-Demand Food Delivery, Instant Retail and Groceries (Meituan Instashopping and Xiaoxiang Supermarket), In-Store, Hotel, and Travel, Advanced Technology Initiatives (Artificial intelligence).

Financially, in 2024, according to its annual report, Meituan has total assets around CNY 324 billion or equivalent to USD 45.4 billion with total liabilities around CNY 151 billion or equivalent to USD 21.1 Billion. Based on the business performance in 2024, Meituan gained total revenue around CNY 337 billion or equivalent to USD 47.18 billion and reaping net income around CNY 35.8 billion or equivalent to USD 5 billion.

 

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 head 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 12.2 million active customers and employed around 36,300 people. To date, Otto Group has managed some platforms, retailers and brands including OTTO, Bonprix, Crate & Barrel, Heine, Küche & Co, Sheego, Venus, Witt, Baur Retail, Hanseatic, Frankonia, Freemans Grattan, Limango, Manufactum, Unito.

Financially, in 2024, Otto Group has total assets around EUR 13.4 billion or equivalent to USD 15.8 billion with total liabilities around EUR 8.54 billion or equivalent to USD 10 billion. Furthermore, in 2024, the Otto Group’s total revenue was EUR 14.9 billion or equivalent to USD 17.5 billion and successfully gained net income around EUR 0.16 billion or equivalent to USD 0.18 billion.

 

13.MercadoLibre

 

Mercado Libre is one of the largest online commerce companies in Latin America based on unique visitors and orders processed. Along with business development, Mercado Libre 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, Mercado Libre 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.

 

Financially, in 2024, according to its annual report, Mercado Libre has total assets of around USD 25.2 billion with total liabilities around USD 20.8 billion. Based on the business performance in 2024, Mercado Libre gained total revenue around USD 20.77 billion and net income around USD 1.9 billion.

 

14.Copart

 

Copart is an e-commerce company with a main focus on online auctions (used, wholesale and repairable vehicles) and vehicle remarketing services. Copart was founded in 1982 by Willis J. Johnson in Vallejo, California and still has a head office in Dallas, Texas, United States of America (USA). Along with business development, Copart has some office presence in United States ("U.S.”), the United Kingdom ("U.K.”), Germany, Brazil, Canada, the United Arab Emirates ("U.A.E.”), Spain, Finland, Oman, the Republic of Ireland, and Bahrain. Along with business development, Coparts operates 275 locations in 11 countries and has over half a million vehicles available every day. In the vehicle industry, Copart manages some brands including Purple Wave, CrashedToys, CashForCars.com, WOM, National Powersport Auctions (NPA), CarConverter, Autovahinkokeskus (AVK), U-Pull-It.

Financially, according to the Annual Report, in 2024, Copart has total assets around USD 10 billion with total liabilities of around USD 0.883 billion. Based on the business performance in 2024, Copart successfully gained total revenue around USD 4.64 billion and net income around USD 1.54 billion.

 

 

15. Wayfair Inc

Wayfair Inc is an e-commerce company which focuses 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. To date, Wayfair manages some brands including Wayfair, AllModern, Birch Lane, Joss & Main, Perigold, Wayfair Professional. 

Financially in 2024, according to its annual report, Wayfair has total assets around USD 3.45 billion and liabilities around USD 6.21 billion. In terms of business performance, the total revenue of Wayfair reached USD 11.8 billion   but suffered a net loss of around (USD -0.49 billion).

 

16. Chewy

Chewy, Inc began the operation in 2011. To date, Chewy Inc operated the business in pet food and treats, pet supplies, pet medications, pet-health products, and pet services. Overall, Chewy, Inc offers around 130,000 products related to pets and has a partnership with 3,200 brands in the pet industry.

Financially, in the year 2024, Chewy has total assets of around USD 3 billion with total liabilities of around USD 2.75 billion. In terms of business performance in 2024, Chewy successfully gained total revenue of around USD 11.86 billion with net income of around USD 0.392 billion.

 

 

17. ASOS Plc     

ASOS plc is a British online fast-fashion and cosmetic retailer which was founded in 2000 in London. Through its e-commerce platform, ASOS sells over 850 brands as well as its own range of clothing and accessories, and ships to many countries. To date, ASOS plc has its own brands, including ASOS Design, ASOS 4505, ARRANGE and Collusion.

 

In terms of financial conditions and business performance in 2024, ASOS Plc has total assets of around GBP 1.67 billion or equivalent to USD 2.25 billion with total liabilities of around GBP 1.45 billion or equivalent to USD 1.95 billion. Based on business performance, ASOS Plc successfully gained total revenue of around GBP 2.47 billion or equivalent to USD 3.33 billion but unfortunately suffered net loss of around (GBP -0.29 billion) or equivalent to (USD -0.39 billion).

 

18. Carvana       

Carvana Co was founded by Ernest Garcia III, Ryan Keeton, and Ben Huston in 2012 and is still becoming one of the leading e-commerce platforms relating to buying and selling used cars as of 2025. From time-to-time, Carvana Co has leveraged a growing logistics network, which spans 316 metropolitan statistical areas, and in-house distribution network, servicing over 80% of the U.S. population and could sell 2.2 million retail vehicles as of December 2024.

Financially, in the year 2024, Carvana has total assets of USD 8.48 billion with total liabilities of around USD 7.1 billion. In terms of business performance in 2024, Carvana successfully gained total revenue of around USD 13.67 billion with net income of around USD 0.404 billion.

 

19. Ozon  

Established in 1998 as an online bookstore, Ozon Holdings PLC is one of the pioneers of e-commerce companies in Russia and Ozone is called "the Amazon of Russia" becoming one of Russia's biggest online retail platforms. As of December 31, 2024, the Ozon platform served approximately 57 million active buyers and has more than 600,000 active sellers. Furthermore, Ozon utilized more than 3.5 million square meters of warehouse capacity, supported by an agent pickup points network, which exceeded 60,000 points. To date, Ozon manages some brands Ozon fresh (online grocery delivery), Ozon Travel, Ozon Fintech (Financial segment).

Financially, in 2024, Ozon has total assets of around RUB 890 billion or equivalent to USD 11.5 billion with total liabilities of around RUB 1,022 billion or equivalent to USD 13.2 billion. In terms of business performance, Ozon successfully generated total revenue of around RUB 615 billion or equivalent to USD 7.99 billion but unfortunately Ozon suffered net loss of around (RUB -59.4 billion) or equivalent to (USD -0.77 billion).

 

20. Vipshop Holdings        

Founded in August 2008, Vipshop is a leading online discount retailer for brands in China. As of now, through its e-commerce platform, Vip has cooperated with over 20,000 brands, serving more than 300 million users across China. Specifically, more than 2,200 brands have developed exclusive online cooperation with VIP.com.

In terms of the financial aspects, Vipshop Holdings has total assets of around USD 10.26 billion       and total liabilities of around USD 4.57 billion. In terms of business performance in 2024, Vipshop Holding successfully generated total revenue of around USD 14.85 billion    with net income of around USD 1 billion.

 

The Summary of 15 World’s Biggest E-Commerce Companies in 2024 Based on Total Assets

 

 

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The Summary of 15 World’s Biggest E-Commerce Companies in 2024 Based on Net Income

 

 

 

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Reference Source 20 World’s Biggest E-commerce Companies in 2024

 

Amazon. 2026. Annual Report 2024. Accessed Via https://ir.aboutamazon.com/annual-reports-proxies-and-shareholder-letters/default.aspx   on January 16^th, 2026.

 

Alibaba. 2026. Annual Report 2024. Accessed Via https://www.alibabagroup.com/en/ir/reports on January 16^th, 2026.

 

Jingdong (JD). 2026. Annual Report 2024. Accessed Via https://ir.jd.com/annual-reports on January 16^th, 2026.

 

eBay. 2026. Annual Report 2024. Accessed Via https://investors.ebayinc.com/financial-information/financial-summary/default.aspx   January 16^th, 2026.

 

Shopify. 2026. Annual Report 2024. Accessed Via https://investors.shopify.com/financial-reports/default.aspx   on January 16^th, 2026.

 

Zalando. 2026. Annual Report 2024. Accessed Via https://corporate.zalando.com/en/investor-relations/annual-report-2020  January 16^th, 2026.

 

Coupang. 2026. Annual Report 2024. Accessed Via https://ir.aboutcoupang.com/English/home/default.aspx on January 16^th, 2026.

 

Rakuten. 2026. Annual Report 2024. Accessed Via https://global.rakuten.com/corp/investors/documents/annual.html   on January 16^th, 2026.

 

Suning. 2026. Annual Report 2024. Accessed Via https://www.suning.cn/static/snsite/contentresource/2020-05-22/2fb07c2f-79eb-4420-8e00-35cf9a973568.pdf  on January 16^th, 2026.

 

Pinduoduo. 2026. Annual Report 2024. Accessed Via https://investor.pddholdings.com/financial-information/annual-reports    on January 16^th, 2026.

 

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