LARGEST and services, or transferring funds and data over

LARGEST E-COMMERCE
COMPANIESBy

ALSAMIL .C

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6
semester B COM CA, KR’s sree narayana college ,thozhuvanoor,

ABSTRACT                                       

       E – Commerce is a global phenomenon and
it is a process of buying and selling goods and services, or transferring funds
and data over an electronic network mainly through internet.   This industry is growing continuously and
new e-commerce markets are emerging and established markets are reaching new
milestones.   

       Here I am introducing you with
biggest   e-commerce companies in the
world and some facts about them.            

                                                                
                

Introduction       

          E –commerce is buying
goods and services, or the transmitting of funds or data, over an electronic
network primarily the internet. These business transaction occur either
business –to-business, business –to-consumer, consumer-to-consumer,
consumer-to-business.

                 We now have access to almost
every knick-knack of our daily lives at competitive prices on the internet.no
matter one is educated or illiterate, an urbane or countryman in India or
everywhere in the world; all you need is an internet connection and a green
bank account .with  e-commerce then, you
can buy almost anything you wish for without actually touching the product
physically and inquiring the sales man before placing final order. As seen,
pizza and plotted plant to pair of shoes and also services like online
reservation ,fee payment of govt 
services , we have everything on the 
internet.

         

Methodology of  the study

This
paper is based on secondary data collected from internet.

 

LARGEST E-COMMERCE
COMPANIES

1) Amazon:-
Amazon.com, Inc. often referred to as simply Amazon, is an American
electronic      commerce and cloud
computing company .It is the largest e-commerce companies in the world. The
company also produces consumer electronics like Amazon Kindle e-book readers,
Fire tablets, Fire TV and Fire Phone and is the world’s largest provider of
cloud infrastructure services.

                                    It is founded on 5th July 1994 by
Jeff Bezos ,its  Headquarters
is at Seattle, Washington, USA.

2)Flip kart: Flip kart is an e-commerce company
founded in 2007 by Sachin Bansal and Binny Bansal. It is registered in
Singapore, with headquarters at Bangalore, Karnataka. Flip kart has launched
its own product range under the name “DigiFlip” with products including
tablets, USBs, and laptop bags. The first product they sold was the book
Leaving Microsoft To Change The World to a customer from Hyderabad.

3)Alibaba: Alibaba Group
Holding Limited is a Chinese e-commerce company  that provides
consumer-to-consumer, business-to-consumer and business-to-business  sales
services via web portals. It also provides electronic payment services, a shopping
search engine and data-centric cloud computing services. The principal business
of ALIBABA GROUP, Alibaba.com is the main stage for worldwide
wholesale exchange serving a huge number of purchasers and suppliers
around the globe. Alibaba’s consumer-to-consumer portal Taobao,
similar to eBay.com, features nearly a billion products and is one of the 20
most-visited websites globally.

                                                                       
It is founded on 4th April 1999 by JackMa,its Headquarters at Hangzhou, China.

 

4)Rakuten: Rakuten, Inc. is
a Japanese electronic commerce and Internet company  based in, Japan. Its
B2B B2C  e-commerce platform Rakuten Ichiba is the largest e-commerce
site in Japan and among the world’s largest by sales. In a time where
 everybody appeared to be telling that individuals will never purchase
things on the  Internet, “Rakuten Ichiba” dispatched with just 6 workers
and 13 shippers.

              It is founded by Hiroshi Mikitani
on: 7
February 1997,its Headquarters at Tokyo,Japan

     

5)eBay: eBay Inc. is an American multinational
corporation and e-commerce company,   providing  consumer-to-consumer
and business-to-consumer sales services via the internet. The company manages
eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services
worldwide. The website is free to use for buyers, but sellers are
charged fees for listing items and again when those  items are sold.

      It is founded on 3 September 1995 by
Pierre Omidyar, its Headquarters at California USA.

 

6)Asos:
ASOS.com is a British online fashion and beauty store. Primarily aimed at young
adults, ASOS sells over 850 brands as well as its own range of clothing and
accessories. ASOS.com is a global online fashion and beauty retailer, offering womenswear,
menswear, footwear, accessories, jewelry and beauty products. ASOS has websites
targeting the UK, Australia, USA, France, Germany, Spain, Russia, Italy and
China. It also ships to over 140 countries from fulfillment centers in the UK,
US, Europe and China.

       It
is founded by Nick Robertson on 3rd June 2000. The headquarters at
London, United Kingdom

 

7)JD.com : JD.com or Jingdong Mall formerly
360buy,is a Chinese electronic commerce company. It is one of the biggest
B2C online retailers in China by exchange volume.

                           It is founded on
1998 July by Liu   Qiangdong its
headquarters at Beijing, China

 

8)Cnova N.V: Cnova N.V. is
an e-commerce company, founded in June 2014. The headquarters situated at Netherlands.
The first operations began in 1998 with the founding of the e-commerce website
Cdiscount, a single website focused on offering CDs and DVDs. Cdiscount then
expanded its business to encompass product categories such as consumer
electronics, computers, home appliances and wine. Cnova Brazil is the second
e-commerce player in Brazil with a turnover of 1.5 billion euros in 2013.

                   
    
9)paytm(pay-through-mobile):paytm is
an Indian e-commerce company. Paytm
started by offering mobile recharge and utility bill payments and today it
offers a full marketplace to consumers on internet.

         Paytm was founded by Vijay shekar
sharma on 2010,its headquarters at Noida India.

Major findings

§  Some of the largest e-commerce companies in
the world are Amazon,flipkart,alibaba..Etc.

§  Each company’s founders ,headquarters, their
products, established year…Etc

Conclusion

This paper deals with mainly 9
e-commerce companies in the world among these Amazon stands at first.  

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