Ecommerce & Consumer Products Summer Report 2024

Amazon Remains Unmatched

Most Valuable Companies by Market Capitalization Worldwide, 2024

(In Billions of USD)

Amazon.com, Inc.

1,902

Amazon leads global ecommerce with a market cap of $1.9 trillion, followed by Pinduoduo at $200 billion and Alibaba at $184 billion.

PDD Holding Inc.

200

• Amazon is enhancing its AI-driven recommendations, making shopping more personalized and intuitive by considering user behavior comprehensively. The company's "Climate Pledge Friendly" program also boosts visibility for ecofriendly products, aligning with rising consumer demand for sustainability. Amazon's social commerce efforts include both platform updates that mimic social media, like user-generated photo and video reviews, as well as cross-platform integrations that channel social media users on platforms like Facebook and Instagram directly to its sites. • Amazon is expanding globally through its Amazon Global Selling program, simplifying cross-border transactions with new tools. Advertising advancements such as Amazon DSP will also provide sellers with more targeted and automated ad campaigns for its growing user market.

Alibaba Group Holding Limited

184

Meituan

95

MercadoLibre, Inc.

80

Copart, Inc.

53

JD.com, Inc.

45

Sea Limited

44

Coupang, Inc.

36

eBay Inc.

27

15

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