E-commerce giants play a critical role in the e-commerce sector.
E-commerce giants
The largest e-commerce giants in the USA
By far the largest e-commerce company in the United States is Amazon. Amazon is the 4th most popular website in the United States according to Alexa.com. Amazon has a lot of online products and services. It is now regarded as a tech giant because although a large amount of its revenue comes from e-commerce sales its business activities have diversified. Some of its business activities include Amazon Web services and technological research.
eBay is another e-commerce giant. One good move that eBay made was to buy PayPal. PayPal is one of the most popular e-commerce purchasing methods. eBay was the top e-commerce platform before Amazon arrived on the scene. eBay has one specific niche that makes it a special e-commerce website. eBay has a platform for individuals to perform online auctions on their goods.
The largest e-commerce giants in China
The largest e-commerce giants in China is Alibaba and Aliexpress. The interesting part is that the two companies are a single entity. Aliexpress is a subsidiary of Alibaba. Both the e-commerce giants where started by Jack Ma. Jack Ma started Alibaba after he failed to find Chinese good on the internet. The e-commerce giants serve two different purposes. Aliexpress mostly sells to individual buyers and Alibaba serves other businesses. You will notice that on Alibaba the suppliers are mostly selling to other businesses. The main purpose of Alibaba is to connect the global economy by allowing a manufacturer of rice in Thailand to be able to sell it to buyers in Nigeria. Jack Ma has done a lot to connect manufacturers to retail businesses around the world. So It will be very good to give Jack Ma the gratitude that he deserves. Now suppliers and manufacturers can find each other without breaking a sweat.