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Rob-Riggle-SWGOAT t1_iwvszwz wrote

So Amazon makes more money than the next 16 largest e-commerce sites do combined. That’s kind of crazy.

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Pilaf237 t1_iwvu8hp wrote

Sad Etsy and Redbubble noises

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mittalrahul074 t1_iwvuohu wrote

This is list of publicly traded company you should look for all ecommerce Flipkart would have been in top

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authorPGAusten t1_iwvw2ms wrote

Try not to sound racist while saying number 2 challenge

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01KLna t1_iwvzt1h wrote

As a German, I never knew that eBay ranked below Zalando. Interesting!

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Peyta12 t1_iww1afe wrote

Crazy that Chewy is on here when it’s purely a pet supplies store

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Chris-1235 t1_iww7kp9 wrote

Looks like China is better at this free market thing than the US, which let a huge monopoly to form.

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Ruma-park t1_iwwmlh5 wrote

Because you can't compete with them.

They subsidize their retail business through AWS which makes it impossible to compete on costs.

Their service is already impeccable, because again, they don't care about cost.

Their logistics infrastructure is second to none as they now have decades of experience, development and amortized costs.

It goes on and on and on. Basicly, outside of state subsidized companies like those in China, there is no way to compete with Amazon.

The only ones that could possibly try (and do) are established retailers such as WallMart but those have the disadvantage of old, retail strucures and processes.

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SouthernBySituation t1_iwwrq1w wrote

What does Rakuten even do? I only knew them because they make the Kobo e-readers.

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Faunomenal t1_iwwsfxy wrote

How is this not considered a monopoly (as monopolies are illegal in America)? Seeing as most of the other ones in the top don't even ship to America.

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jadedRepublic t1_iwxb4fl wrote

This list is depressing, I always thought eBay was atleast second to Amazon, I can’t believe wayfair is higher 🫢

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MoscaValorosa t1_iwxbjef wrote

Well, words have the meaning you want them to have. When liberals (in the classic non-american meaning) say they want an open free market what they really mean is a market unregulated enough for maximum capital reproduction and regulated enough so the goverment can help with some more profit. So usually that's what I mean by free market.

And if you are not joking, you are reproducing the schrodinger's socialism falacy: when something works in China it's because it's capitalist; when it fails it's because China's communist (neither are true. China's socialist). China not having a massive monopoly as Amazon is consequence of it's own historical development, which went in the opposit direction of the liberal economic canons, not because it succeded at implementing a capitalist vision of free market.

"which is the foundation of any vibrant economy": this was brought to you by the Washington Consensus gang.

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Trepidati0n t1_iwxcsec wrote

A monopoly has to shown to negatively affect the end customer….no shits are given at how many business they swallow up or kill. As a consumer…Amazon is amazing. There Amazon is safe.

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PatternMachine t1_iwxi7rl wrote

This list should probably have Walmart on it. They actually have more retail revenue than Amazon — about $570b — but only about $60b is e-commerce.

Also, looks like Amazons revenue is including AWS, which isn’t really e-commerce.

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Low_Hall9946 t1_iwxibb6 wrote

Crazy how China has less of a monopoly than the US in the ecommerce space...the only other American company here is a declining business in eBay

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amadozu t1_iwxjvei wrote

Calling Amazon a monopoly is frankly a bit daft. The graph is just a list of 'e-commerce companies' listed by global revenue (including all division of each business, e-commerce or not). Walmart for instance made $67 billion in direct e-commerce last year, but isn't listed because it's not explicitly an e-commerce business. The same is true of most major e-commerce players in the US (Target, Best Buy, Costco, etc).

For retail in general in 2021 (US-only):

  1. Walmart: $460b
  2. Amazon $220b
  3. Costco: $140b
  4. Home Depot: $140b
  5. Walgreens Boots: $110b

You have to go down to 47th before you reach less than $10 billion. The US retail market is comically huge, and e-commerce is a minority of it. Amazon is the largest player within that minority, but a tiny portion of US retail in general.

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wkb1111 t1_iwxqpq3 wrote

May want to look at gross merchandise volumes (in terms of dollars). Because you are comparing apple to oranges here when you consider differences in revenue recognition.

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KidChampion t1_iwxsphq wrote

Shouldn't you maybe list Shopify store revenues, not Shopify the business' revenues?

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A-Delonix-Regia t1_iwxwqvb wrote

Where is Flipkart (Indian alternative to Amazon)?

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YourEyesAreBleeding t1_iwy4ia0 wrote

eBay used to be so good, and you can still find cool stuff there, but it's mostly flooded with Chinese junk that people are, "drop shipping," from aliexpress or alibaba. eBay is also well known for it's terrible management.

These days, I think people categorize eBay as more similar to a site like Craigslist than a site like Amazon. I know I do, although that definitely doesn't stop me from using it.

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aminervia t1_iwych77 wrote

Chewy is the BEST. They're reliable, have a good subscription set up, quick delivery, and they're also just a good company. I wish they did more than pet stuff

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PM_ME_WITTY_USERNAME t1_iwydhex wrote

What do you mean there isn't my french boy LEBONCOIN in the top

Guillotine!

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Wilt_The_Stilt_ t1_iwyhhsn wrote

I was going to say the same. Shopify is not in the same category. But OP just pulled the list from some random websites list of publicly traded e-commerce companies. So Shopify is lumped in. But I think that only makes sense if your talking about the stock prices. OPs twist to make it about revenue adds confusion and should not include Shopify IMO

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fattony182 t1_iwyhx6s wrote

Yeah he made massive mistake, that’s reflected in the massive losses incurred since his new role began.

Why would you leave a growing e-commerce company to join a soon to be bankrupt jpeg shop. Oh right, it’s so he can loot it and extract what little cash is left from the retail gamblers. Which is exactly what’s happened

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randomname277 t1_iwyijhr wrote

eBay became fucking disgusting and outdated themselves. The fees are robbery, the platform is shit and hardly developed in many years, no negative feedback is allowed anymore and if you get scammed you’re all by yourself. I wish for so long that there could just be an alternative

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obamanisha t1_iwynx5s wrote

They’re super convenient. When my cat was still alive, I had his food (which was sometimes hard to find in stores) on autoship every few weeks. Never had to worry about not finding it. I imagine a lot of people are also getting things like food and treats autoshipped as well.

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ccie6861 t1_iwyp0fe wrote

I thought the same thing but then I realized this chart is probably based on corporate revenue and most of Ebay’s sale price is probably pass-through and off-book by virtue of it being a marketplace and not really a reseller.

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orgnizingxxxxlife t1_iwyppsc wrote

China did not ban Amazon. Amazon was outcompeted in Chinese market and closed its site last year if I remember it correctly. China did ban foreign social media but that’s CCP afraid of its people knowing too much

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-TheRightTree- t1_iwyqavq wrote

Does Amazon include AWS (same for Alibaba)?

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MILF_Hunter77 t1_iwyr23p wrote

Biggest B2C e-commerce companies. The second you get into B2B these companies are dwarfed. Opentext b2b e-commerce network is at ~9Trillion USD as an example.

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Random_citizen_ t1_iwzcrad wrote

Stats like these point to how overhyped Indian startups are. The largest Indian e-commerce company has a revenue of less than half the smallest company on this list after a decade of operations, but a valuation of $40bn dollars.

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fafilum t1_ix1hwk1 wrote

I think you extrapolate the US market to the whole world.

Target does 100% of his business in the US, while Walmart does 80%.

Even if I know these companies, I've never seen any of these stores here in Europe. Do you guys know Carrefour or Tesco ?

In the other hand, Amazon, Alibaba, Rakuten or Ebay are truly operating worldwide (idk about the others asian majors, maybe they are but not in my country)

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