Several trends influence the ecommerce industry as the whole.
The war for ecommerce domination is still raging between the world’s largest ecommerce giants– Amazon (the biggest and busiest ecommerce company in the U.S) and Alibaba (a Chinese e-commerce company).
While Amazon focuses on offering online retail, computing, consumer electronics, digital content as well as other local services such as daily deals and groceries, Alibaba is focused on providing it all: consumer-to-consumer, business-to-consumer and business-to-business sales.
Both these e-commerce platforms provide a long line of services and products and are giant players in ecommerce in their respective countries.
Amazon is more spread over the world than Alibaba, with corporate offices, logistics and distribution centers all over the Americas, Asia, and Europe. It’s also the major ecommerce player in several countries.
Over the last several years Amazon, as well as Alibaba, have reported strong top line/revenue growth. In May 1997, when Amazon went public, the company was valued at around $438 million. Interestingly, USD 1000 worth of Amazon’s shares at the IPO are now worth $638,000.
On the other hand, Alibaba went public on September 19, 2014, and debuted at $92.70 per share. The IPO raised 25 billion for Alibaba and gave it a market value of $231.44 billion, making it the biggest IPO in the world at the time.
Who will go on to occupy the global ecommerce throne?
While Amazon is much more innovative, Alibaba has huge growth potential.
This infographic by Catalin Zorzini of Ecommerce-Platforms.com gives a clear idea about the growth trajectories of these two ecommerce giants. It covers a variety of data points including market capitalization, employee base, major shareholders, operating countries, growth rates, profits, and much more.
Check out the infographic below.