Market Share of E-Commerce Industry
In the e-commerce business, many local and worldwide firms have expanded, resulting in fierce competition. Some of the key players are Amazon.com Inc., Alibaba Group Holding Limited, Walmart Inc., Costco Wholesale Corporation, and Shopify Inc. Product launches, high expenses on R&D, acquisitions and partnerships, etc. are the growth strategies adopted by such companies to sustain the intense competition.
· September 2021 - Amazon announced to expand its successful cooperation with Tegut to include a new delivery area and is now offering Prime members in the Kassel area the opportunity to order groceries and everyday items online from a local Tegut branch. The approximately 10,000 available products from the Tegut range include fresh, chilled, and frozen goods, organic products, regional and sustainable food and beverages, drugstore items, and pet food.
· December 2021 - Walmart in Mexico inaugurated a new Distribution Center (Cedis) located in Baja, California, investments 986 million pesos. Further, new Cedis would be able to process the entry and exit of nearly 5 million boxes per month to supply Bodega Aurrera (24), Mi Bodega Aurrera (10), and Walmart Supercenter stores. (15), and thus meet omnichannel purchase orders in the states of Baja California and Sonora.
E-commerce Market Leaders
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Amazon.com Inc.
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Alibaba Group Holding Limited
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Airbnb, Inc.
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Walmart Inc.
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JD.com Inc.
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Rakuten Inc.
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Inter Ikea Systems B.V.
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Costco Wholesale Corporation
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Shopify Inc.
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Best Buy Co. Inc.
*Disclaimer: Major Players sorted in no particular order
