eBay is ranked position 470 on Forbes Global 2000 with a Market Capitalization of $47.74 billion. Founded in the year 1995 in the United States, eBay has its headquarters in San Jose, California, and employs more than 12,000 personnel.
Operating in the Internet and Catalog Retail Industry, eBay had sales of around $11.165 billion in the FY21 ( 2020-2021 ) and made a profit of $2.896 Billion from its various platforms including StubHub and Marketplace among others. It also provides investments, marketing services, and advertising to help develop and sustain commerce on its online and mobile platforms.
Top 10 Competitors of eBay In The World
Amazon is considered the world’s top e-commerce platform hence earns a spot in the top 10 e-commerce websites in the world. People love shopping on this website mainly because of the reason that the interface is simple, has easy checkout, has different payment methods, and has great discounts and offers.
Other reasons that attract people from all across the world is that the site offers an array of products at affordable rates, fast delivery, and versatile collection.
Customers on eBay are served via a retail website that mainly focuses on pricing, product selection, and customer convenience. Its website is designed in such a way that products can be easily sold by the company itself and by third parties.
Through Web services, Amazon can provide its service to all enterprises and businesses of all sizes. It has its headquarters in Seattle, WA, and was founded in the year 1994. Today, Amazon’s market capitalization is over $1.5 Trillion. Because of its huge market capitalization and its dominance of the online space, without a doubt, Amazon is one of the top Competitors of eBay.
Walmart malls are mainly popular shopping destinations in the United States of America. However, now it has become one of the top 10 e-commerce websites in the world. It offers home appliances, toys, electronics, fashion accessories, sports, gifts, crafts, groceries, etc.
This is a retail multinational based in the USA that operates grocery stores, supermarkets, and department stores. Owned by the Walton family with a more than 50 percent stake in the business, Walmart employs more than 2 million people and made around $562 billion in the financial year FY21 ( 2020 – 2021 ) as sales revenue and profit of over $12.2 Billion. Some of its subsidiaries include Jet.com, Sam’s club et cetera.
Walmart also provides its customers with discount coupons, shipping, and interesting discounts on special days. It has a user-friendly interface which makes the whole shopping process easier and fun.
Founded in 1995, Craigslist is the largest classifieds in the world, despite only servicing the US. On Craigslist, users can browse a variety of sections, including jobs, housing, items for sales, items wanted, sale services, services wanted, gigs, resumes, and discussions, where they can either look to buy or sell.
With an extremely broad range of items and services posted, Craigslist holds an interesting mix of leading categories, ranging from the expected with news and media, and electronics and technology, to the questionable including adult services, and credit lending.
Alibaba is one of the top 10 e-commerce websites in the world that is primarily used for trading for buyers and sellers around the world. It is especially popular in Asia, and the concept behind this website is to generate an easy connection between the buyers and suppliers.
It offers the suppliers a platform to sell their products at affordable rates. Today there are over two million suppliers registered on this website. In Alibaba, you also get to compare your products, easy and fast checkout, secure payment gateway, fast service, etc.
JD.com was founded in 1998 and has its headquarters in Beijing, China. It specializes in general merchandise products e.g. books, audio-video products, electronics, home appliances, apparel, computers, food et cetera.
With a market cap of $122 billion and sales revenue of $124 billion in 2021, JD has claimed its stake in the Internet and Catalog retail industry. It employs more than 2,40,000 people and has always been recognized to be among the world’s best employers and growth champions
Target is the second-largest department store in the US after Walmart. It operates more than 1800 stores throughout the country and boasts an extensive e-commerce solution giving customers access to the full range of target products and services online as well as in-store.
Etsy is a US-born marketplace Founded in 2006 with a niche focus on the sale of handmade or vintage products and unique factory-manufactured items. Etsy’s e-commerce site enables people and companies to sell a wide range of goods, from art to clothing and accessories, food, bath and beauty products, as well as toys and a wealth of other unique items.
operating in the Internet and Catalog Retail industry, Rakuten Inc. is divided into segments for operational efficiency. I.e. Internet Finance Segment which takes care of electronic money, credit cards, banking, and securities; Internet Services Division that takes care of sales and advertising and the Others Division that mainly deals with telecommunication services
Having been founded in the year 1997, Rakuten. Inc has its headquarters in Tokyo, Japan. Its market capitalization was $17 billion as of now and it made $11 billion worth of sales. The company has more than 15,000 employees.
#9 Flipkart ( India )
Flipkart is most popular in India and other Asian regions. At first, the site was launched as a bookstore, and after it gained popularity more things started getting available here. Today you will find clothes, apparel, lifestyle, mobiles, televisions, accessories, laptops, and many other things.
Flipkart displays its products with brief descriptions and shows reviews and comments that will help the visitors get a better analysis of the product. These are the features that make Flipkart one of the most popular top 10 e-commerce websites in the world and also it is one of the largest Competitors of eBay in India.
#10 Direct Brand Selling Through Websites
Now a day many brands have started selling their products directly from their sites to increase their brand visibility and command over their products which becomes a major threat for e-commerce companies.