Ecommerce companies have widely changed the way people ship, giving them tremendous power online. With the increasing use of internet and smartphones, ecommerce companies have been on a booming path and growing worldwide at an incredible pace. The top ecommerce companies include Amazon, JD.com, Macy's, Walmart & Alibaba, along with brands like Apple, Priceline, Ebay, Otto group and Rakuten. Here is a list of the top 10 ecommerce companies in the world in 2016.
Rakuten Shopping Mall began operations in May 1997. In June 1999, the organization changed its name to Rakuten, Inc. The Japanese word rakuten implies optimism.
Image: company website
In 2012, the organization's incomes totaled US$4600 million with working benefits of about US$244 million. In June 2013, Rakuten, Inc reported it had an aggregate of 10,351 representatives worldwide, making it globally one of the biggest ecommerce companies in the world with extensive operations and reach.
In 2005, Rakuten began growing outside Japan, for the most part through acquisitions and joint ventures. Its has made several acquisitions which have strengthened the brand. (Canada). The organization has interests in Pinterest, Ozon.ru, AHA Life, and Daily Grommet. With the mission of "empowering people and society" through the Internet, Rakuten's goal is to transform into the No.1 Internet organizations association on the planet.
In a period where everyone gave off an impression of being telling that people will never buy things on the Internet, "Rakuten Ichiba" dispatched with only 6 laborers and 13 shippers. Rakuten enhanced its picture care extensively while stimulating M&A practices through an IPO on the OTC business part, addressing a noteworthy step forward for moving into new associations and organizations that will shape the "Rakuten Ecosystem.". Rakuten Group definitely developed degree and size of operations by including new focus associations. Rakuten entered the nook of master recreations with the improvement of the "Tohoku Rakuten Golden Eagles," which was the principal new master Japanese baseball foundation regarded in 50 years, in a brief instant spreading the "Rakuten" mark the country over. Rakuten proclaimed its vision for a "Rakuten Ecosystem," which joined online and disengaged from the net organizations over the Rakuten Group. Improvement of specialists is major for Rakuten's advancement. Rakuten stretched out obligation to placing assets into gigantic HR over resulting 10 years. Rakuten further executed "Rakuten Ecosystem" by developing its fiscal organizations, for instance, sparing cash and e-money. Rakuten stimulated an overall business, moving to another phase to be an overall Internet organizations association starting from an attempt in Japan.