Top 3 Companies With Most Online sales in the World (e-commerce)



 1.AMAZON


     

                  Market Cap:

$461.16 billion for Aug. 23, 2017






Amazon.com, Inc., also called Amazon is an American electronic commerce and cloud computing company based in SeattleWashington that was founded by Jeff Bezos on July 5, 1994. 

The tech giant is the largest Internet-based retailer in the world by total sales and market capitalization.
                                     
                                           
JEFF BEZOS

 Amazon is the fourth most valuable public company in the world, the largest Internet company by revenue in the world and the eighth largest employer in the United States

 HOW IT EARNS:Amazon.com is primarily a retail site with a sales revenue model; Amazon takes a small percentage of the sale price of each item that is sold through its website while also allowing companies to advertise their products by paying to be listed as featured products

IT'S SECTRET:The critical success factor date back to starting days of Amazon when it relied on investors for money and  it was the ability (of  Jeff Bezos) to convince investors to hang around a bit longer - until consumers get used to ordering things online and abandon B&M stores, so Amazon could rule the markets.

                                        Jeff Bezos knew inside him that in order to run the bussiness for upcoming decades,best strategy would be to keep Amazon  at a loss for few years before it  turns profitable.
We have to accept that biggest secret is the faith that Jeff Bezos had on himself even when others 
(investors-who were in doubt) did'nt totally had belive on him.



                                                         2.ALIBABA


     
                          
                   

                    Market Cap:

$444.54 billion for Aug. 23, 2017

    This Company was found in 1999 in China and Jack Ma was the founder of this company.   It generates merchandise in large volumes that dominates Amazon and Ebay.It sells good to consumers through alibabawebsite and Taobao(Tmall.com).

HOW IT EARNS: It provides services like a search engine for hopping, data centric cloud computing servies and also electronic payment services.It sell goods through

 alibaba.com(B2B) ,Taobao.com(C2C) and Tmall.com(B2B) and Aliexpress.com(B2C- for international online buyers).
                       The main difference from the Chinese shopping site Taobao is that Aliexpress is aimed primarily at international buyers mostly in the United States, Russia, Brazil or Spain.[2] Alibaba is using AliExpress to expand its reach outside of Asia and challenge online giants like Amazon and eBay. AliExpress is using affiliate marketing to find new consumers.
                                

                       


JACK MA
         


  It also has 63% of online commercial trade in China. They provide infrastructural and technological products to merchants, brands, other businesses, small industries. They have their businesses expanding into core commerce, Digital media, Entertainment, Cloud computing. They also provide logistics support to local services sectors. Providing a platform to share social interactions among its consumers and merchants it is renowned as one big reason for flourishing small businesses houses in China.     
                    
    IT'S SECRET:
       Alibaba provides services mainly to small enterprises and individuals. This defines a unique business opportunity which emancipates the productive forces of small enterprises and offers more diversified consumption choices for consumers.By focusing on small enterprises, a large variety of goods is made available to a large variety of target consumer groups. 
                   Alibaba charges for services in marketing and technical support, instead of for admission. This contributes to a large and robust market share made up of loyal customers.
    And yes,even with Alibaba its true that it cares the most for its customer satisfaction,by providing supportive services for its buyers as well for sellers.


                        3.JD.com Inc.


JD.com's  founder Richard Liu 
JD.com, Inc. also known as Jingdong and formerly called 360buy,is a Chinese e-commerce company headquartered in Beijing. It is one of the two largest B2C online retailers in China by transaction volume and revenue, a member of the Fortune Global 500 and a major competitor to Alibaba-run Tmall. As of March 2017 it currently has 236.5 million active customer accounts.
                            Net revenues for the full year of 2016 were RMB260.2 billion (US$37.5 billion), an increase of 44% from the full year of 2015. Revenues from services and othersincreased by 66% in 2016..
                       The company was founded by Liu Qiangdong in July 1998, and its B2C platform went online in 2004. It started as an online magneto-optical store, but soon diversified, selling electronics, mobile phones, computers, etc. Jingdong Mall changed the domain name to 360buy.com in June 2007, and to JD.com in 2013.

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