South America has a diverse online marketplace landscape with many competitors in the game reaching remarkable GMV amounts and growth figures. The Argentinian player MercadoLibre, for example, is currently in rank seven in the comparison of the biggest online marketplaces by GMV in the Americas. Even though it is only active in Latin America. The three online marketplace
Marketplaces are taking the lead online
More than 40% of all post-pandemic online spending globally is taking place on marketplaces. With online set to account for 51% of all retail sales this year. 72% of global shoppers say that online shopping saved them in 2020. In addition, 73% see e-commerce as continuing to be important to them in 2021 and beyond. A study found that 42% of spending went to Amazon, Alibaba,
The world’s top marketplaces
Chinese tech giant Alibaba clearly dominates the world of online marketplaces. Even US high-flyer Amazon cannot compete in terms of GMV. Asia is a region in which marketplaces traditionally dominate the e-commerce field and huge populations have an enormous GMV potential. The biggest marketplaces are in Asia According to the ecommerceDB, 66% of the cumulated GMV produced
Amazon extends lead over US competitors
Amazon’s financial results have repeatedly blown expectations in the past months. Taking into account all company sales, Amazon passed the US$100 billion quarterly sales mark for the first time in Q4 2020. Generating net sales of US$125.6 billion in total. This corresponds to a year-on-year growth of 44% in the record holiday quarter of the COVID-19-shaped 2020. 2020 was a
The most frequently used online stores in France
EcommerceDB recently updated their Brand Reports. They feature a thoroughly selected and analyzed collection of relevant consumer insights. This is provided by the Statista Global Consumer Survey – to paint a comprehensive picture of the typical customer of a certain online store or brand. Today, ecommerceDB news presents an exclusive top ten ranking from the cdiscount.com in