YCD News – According to Insider Intelligence, the global e-commerce market will reach $6.3 trillion by 2023 and continue to grow in the coming years. The numbers prove that e-commerce is an important trend for the future.
It is estimated that by 2025, global online shopping will exceed $7.5 trillion, accounting for nearly a quarter (23.6 percent) of global consumer spending.
Amazon attracts nearly 4.8 billion visitors per month, while eBay attracts 1.2 billion visitors per month. And Shopee, Mercado Libre, Rakuten, Walmart, Etsy and AliExpress are not far behind. Each site receives about 500 million visits per month.
In the top 20, the ratio between platforms that are retailers themselves and platforms only is 40/60. the most prominent retailer with its own platform is Amazon, which now generates more than 50% of its sales from marketplace sellers. It also includes companies such as Walmart, Jingdong and Target.
YCD has learned that these companies have added marketplaces in different regions to their existing retail sites, providing shoppers with more product choices and creating price competition among sellers.
2023 Global Top Online Platforms Ranking
