Top 10 eCommerce Companies in the World 2018

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4. Walmart

Walmart Inc. is an US retail giant and was founded by Sam Walton in the year 1962.


Image: flickr.com/photos/jeepersmedia/

Walmart has more than 11000 stores and is operating across 28 countries under 58 different names. Walmart was able to generate $480 billion of revenue and was able establish it as world’s largest company by revenue according to Fortune Global 500 list in 2016.

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The revenue generated through its ecommerce operations is just 4% of its overall revenue. Walmart is famous among its customers because Walmart customers able to purchase products at very low price on any day. The reason behind selling items at lower price is that Walmart is able to achieve economies of scales. Walmart analyse large amount of user data which allows them to optimise their operations by predicting consumer’s habits. Now Walmart is focussing more on expanding online commerce. In year 2016, it acquired Jet.com to compete with Amazon.com. Walmart’s US ecommerce CEO considering doubling their warehouses for ecommerce to enhance consumers digital experience. In early 2006 when India had strict FDI regulations, Walmart announced a joint venture with Bharti Enterprise. Bharti enterprise would handle the front end retail stores and Walmart takes care of cold chain and logistics. Now Walmart is in talks to buy India’s ecommerce giant Flipkart at a valuation close to $20 billion. If the deal goes through, it will pose a great threat and competition to Amazon’s India ecommerce operations.

Revenues (B$): 20

Growth Rate: 37%



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