The Internet has been a boon and a blessing for companies that are associated with consumers. Everyone from the small, medium and large organizations has used it to open online portals to connect directly with the consumers, encourage sales with the help of online offers and discounts, and generate greater revenues by removing a middleman’s services.
Consumer internet companies have shown the reluctant shopper that shopping can be fun and hassle-free. These companies have recorded strong growth over the years because online shopping is growing stronger day-by-day and not showing any sign of decline shortly. In 2019, the e-commerce industry recorded worldwide revenues of 3.53 trillion dollars, and these are remarkable figures.
Some of the top 20 consumer internet/online service companies worldwide in 2020 based on the market cap are mentioned below-
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1. Amazon.com
With a market cap of 1.597.2 billion US dollars, Amazon.com occupies the 1st position in the list of the top 20 consumer internet/online service companies worldwide in 2020.
Amazon.com is a C2C and B2B type of e-commerce that is in a league of its own. Â The figures speak favorably for the American company because its revenues and net income for 2019 December ending are 280.52 billion US dollars and 11.58 billion US dollars, respectively.
The multinational company Amazon serves a worldwide area. It started as an online marketplace for books, and today there is nothing that you will not find on the shopping platform of this most valuable retailer.
2. Alibaba.com
With a market cap of 777.5 billion US dollars, Alibaba.com occupies the 2nd position in the top 20 consumer internet/online service companies worldwide in 2020. It showed a huge upward trend as its market cap last year was 570.95 billion US dollars. Its revenues and total assets for March 2020 were72 billion US dollars and 185.42 billion US dollars, respectively.
Alibaba.com is a Chinese origin company that offers B2B, B2C, and C2C sales services through its online platform. It is associated with technology, retail, the Internet, and e-commerce and provides a wide range of products and services. In the year 2020, Alibaba was rated as the 6th largest based on brand valuation and 5th largest in artificial intelligence worldwide.
It has the distinction of being one of the giant investment corporations, venture capital firms, and the world’s largest internet companies.
3. Prosus
With a market cap of 146.1 billion US dollars, Prosus occupies the 3rd position in the list of the top 20 consumer internet/online service companies worldwide in 2020. Its revenues and total assets for March ending 2020 were 3,330 million US dollars and 35,764 million US dollars, respectively.
The global investment group Prosus has the distinction of being one of the largest technology investors worldwide and the largest listed consumer internet company in Europe. It acts as a part of its parent company Naspers Limited and serves a worldwide audience with e-commerce, food delivery, travel, etc.
4. Shopify
With a market cap of 120.8 billion US dollars, Shopify occupies the 4th position in the list of the top 20 consumer internet/online service companies worldwide in 2020. Its revenues and total assets were 1.58 billion US dollars and 3.49 billion US dollars, respectively, for 2019.
Shopify is a Canadian origin company that offers C2C services through its e-commerce platform. Its product and service portfolio includes marketing, payments, customer engagement tools, and shipping. Â The consumer internet company has spread its presence to 175 countries, and at the end of the calendar year 2019, the GMV or gross merchandise volume was 61 billion US dollars.
5. JD.com
With a market cap of 112.2 billion US dollars, JD.com occupies the 5th position in the list of the top 20 consumer internet/online service companies worldwide in 2020. Its revenues and total assets were 82.86 billion US dollars and 37.30 billion US dollars, respectively, for 2019.
The Chinese company JD.com with headquarters in China, is a B2C and C2C consumer internet company. It was founded in 1998, and its user-friendly retail portal went online in the year 2004. The company deals n computers, mobile devices, electronics, and magneto-optical items.
6. PinDuoDuo
With a market cap of 83.1 billion US dollars, PinDuoDuo occupies the 6th position in the list of the top 20 consumer internet/online service companies worldwide in 2020.
The Chinese origin PinDuoDuo is a consumer internet company with headquarters in Shanghai, China. It has the distinction of being at the top position as an interactive e-commerce platform in the world and 2nd position as the largest online marketplace in its home country based on several orders and users. Â PinDuoDuo has revolutionized the concept of online shopping in China with the help of the C2M trend.
7. Booking.com
With a market cap of 72 billion US dollars, Booking.com occupies the 7th position in the list of the top 20 consumer internet/online service companies worldwide in 2020.
Booking.com is owned and operated by Booking Holdings, an American-based company. It is a travel agency which also provides lodging reservations. Founded in 1996, this commercial site is available in forty-three languages and has more than 28 million listings.
8. Uber
With a market cap of 66.7 billion US dollars, Uber occupies the 8th position in the list of the top 20 consumer internet/online service companies worldwide in 2020. Its revenues and total assets were 14.147 billion US dollars and 31.761 billion US dollars, respectively, for 2019.
Uber is an American origin company that was founded in the year 2009. It is associated with the transportation industry and works through its website and mobile app. The service portfolio includes freight transport, package delivery, courier services, food delivery, and vehicle for hire. Uber has the distinction of having more than 78 million active users monthly in the world.
9. Recruit
With a market cap of 64.3 billion US dollars, Recruit occupies the 9th position in the list of the top 20 consumer internet/online service companies worldwide in 2020.
Recruit is a Japanese company founded in the year 1963 and operates via headquarters based in Tokyo, Japan. It is associated with the published media industry and is indeed one of the most popular search engines.
10. MercadoLibre
With a 52.5 billion US dollar market cap, MercadoLibre occupies the 10th position in the list of the top 20 consumer internet/online service companies worldwide in 2020. Its market value on 1st January 2020 was 31.3 billion US dollars, and its world rank in August 2020 was 202.
MercadoLibre was founded in the year 1999 and, with time, has spread its presence to 18 countries in the world. It is a consumer internet company that operates an online marketplace as well as online auctions. It has the distinction of being the most extensive online payment and commerce platform in Latin America.
11. eBay
With a market cap of 40.3 billion US dollars, eBay occupies the 11th position in the list of the top 20 consumer internet/online service companies worldwide in 2020. Its revenues and net incomes were 10.8 billion US dollars and 1.786 billion US dollars, respectively, for December ending 2019. Its total assets as of June 2020 were 20.01 billion US dollars.
eBay is an American company that facilitates B2C and C2C business through its e-commerce platform. The multinational corporation operates in thirty-two countries through its shopping website that also works as an online auction platform.
12. Wayfair
With a market cap of 28.3 billion US dollars, Wayfair occupies the 12thposition in the list of the top 20 consumer internet/online service companies worldwide in 2020. Its revenues and total assets were 9.127 billion US dollars and 2.953 billion US dollars, respectively, for 2019.
Wayfair is an American origin company founded in the year 2002 and has set up headquarters at Boston, Massachusetts. Â This is a consumer internet company involved in the selling of home goods and furniture via its digital platform. The marketplace has 14 million items that have been accrued from nearly 11000 suppliers.
13. Peloton
With a market cap of 27.4 billion US dollars and revenues of 1.8 billion US dollars, the American company Peloton occupies the 13th position in the list of the top 20 consumer internet/online service companies worldwide in 2020.
Peloton is a consumer internet company that deals with exercise equipment like treadmills and stationary bicycles. Its service portfolio includes the participation of monthly subscribers to classes streamed from its fitness studio. Founded in the year 2012, it operates from headquarters at New York City in the United States.
14. Ocado
With a market cap of 25.9 billion US dollars, Ocado occupies the 14th position in the list of the top 20 consumer internet/online service companies worldwide in 2020.
Ocado is a grocery retailer that conducts all its home deliveries from company warehouses. With revenues and net income of 1,756 million Pounds and 211.8 million Pounds in 2019, the online retailer is a force to reckon with in the consumer internet industry.
15. Pinterest
With a market cap of 23.4 billion US dollars, the American company Pinterest occupies the 15th position in the list of the top 20 consumer internet/online service companies worldwide in 2020.
Pinterest is a public company that is associated with social media service and image sharing. It was found in 2009 and by August 2020 had more than 400 million monthly active users.
16. Zalando
With a market cap of 22.8 billion US dollars and a market value of 12.8 billion US dollars, Zalando occupies the 16th position in the list of the top 20 consumer internet/online service companies worldwide in 2020.
Zalando is one of the leading platforms in Europe for lifestyle and fashion. The Germany based company was found in 2008 and has spread its presence to seventeen markets in Europe. Its revenues and total assets were 6.483 billion Euros and 4.333 billion Euros, respectively, for 2019.
17. Chewy
With a market cap of 22.7 billion US dollars and revenues of 6.5 billion US dollars, Chewy occupies the 17th position in the list of the top 20 consumer internet/online service companies worldwide in 2020.
Chewy is an American origin consumer internet company that was founded in 2011. It deals with pet-related products and pet food. It is currently owned by PetSmart that has a 63.5% stake in the company.
18. Trip.com
With a market cap of 22.6 billion US dollars, Trip.com occupies the 18th position in the list of the top 20 consumer internet/online service companies worldwide in 2020.
Trip.com was launched in the year 2017 and has managed to create a name for itself in the international arena within such a short time. It posted its revenues for 2019 at 5.1 billion US dollars. It is a private travel agency and has more than 400 million users in the world to its name. Its services include booking services for tours, car rental, train, hotel flight, etc.
19. DeliveryHero
With a market cap of 22 billion US dollars, DeliveryHero occupies the 19th position in the list of the top 20 consumer internet/online service companies worldwide in 2020.
DeliveryHero is an online service for food delivery that offers food and beverages for pick-up or delivery. It was launched in 2011 and is based in Germany. The European company has operations in more than forty countries, and in the year 2019, it processed nearly 666 million orders.
20. Zillow
With a 21.8 billion US dollar market cap, Zillow occupies the 20th position in the list of the top 20 consumer internet/online service companies worldwide in 2020. The company posted its revenues and total assets at 2.7 billion US dollars and 6.1 billion US dollars, respectively, for 2019.
Zillow is an American consumer internet company that was founded in 2006. It is an online marketplace for real estate business. Its service portfolio includes value estimation, value change of a place, basic information about every home, and an aerial view of those homes.
There has been a significant rise in the number of internet-based companies. They can generate money through various related business lines, such as transaction fees, online sales, and even paid advertising opportunities.
These online service companies leave not a single stone unturned to attract the online shopper and use it to their advantage.
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