News

Which are the Top Online Marketplaces Globally?

In 2021, 100 of the world’s largest online marketplaces sold goods for $3.23 trillion. These 100 marketplaces account for more than 90% of the global marketplace sales. According to Digital Commerce 360’s data, sales through platforms like Alibaba, Amazon, eBay, and others accounted for two-thirds of worldwide e-commerce sales last year.

Despite the fact that the top online marketplaces — Taobao, Tmall, and Amazon — account for more than 60% of the Top 100’s gross merchandise value of $3.23 trillion, other online malls continue to climb to prominence, earning share by swiftly growing.

Top 5 marketplaces

Marketplaces are popular online shopping platforms because of the enormous amount of products accessible, which are often at reduced prices. The industry is dominated by large players, see below the top 5.

RankMarketplaceCountry
1.TAOBAOChina
2.TMALLChina
3.AMAZONUnited States
4.JD.COMChina
5.EBAYUnited States

Location

40 of the top 100 marketplaces have launched in the last decade. These are shops that have been in business for a long time but have only recently begun to enable other merchants to sell on their sites. But where are all marketplaces located? Below is an overview of the marketplaces by region.

Digital Marketing Manager at Icecat N.V.

Wouter Maatman

Digital Marketing Manager at Icecat N.V.

Recent Posts

Rood met Witte Stippen Video and Written Reviews now Available in Icecat Enhanced Product Stories

Rood met Witte Stippen, a social media channel that plays, tests, reviews games, and creates…

20 hours ago

Q1-2024 Icecat: 11% growth

The revenues of Icecat N.V. (ISIN: NL0012751226) have increased by 11% over the first three…

2 days ago

Wakuli Raises 5.2 Million Euros with Icecat Capital as New Investor

Specialty coffee company Wakuli has raised EUR 5.2 million in a Series A round. The…

3 days ago

Iceshop 2024.3 and 2024.4 Sprint Reports

During the March and April sprints, our primary emphasis was on advancing our ongoing project:…

6 days ago

Icecat Release Notes 195: Streamlining Processes and Empowering Users

In Icecat Release Notes 195, we're thrilled to introduce a range of enhancements designed to…

1 week ago

CyberPower Joins as an Open Icecat Sponsor to Syndicate its Product Content

CyberPower Systems, a leading power protection and computer accessories manufacturer, has recently joined as an…

1 week ago