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Online marketplaces: eBay ranks 5th among digital sales platforms


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Published on: April 30, 2021 / update from: April 30, 2021 - Author: Konrad Wolfenstein

Online marketplaces: eBay ranks 5th among digital sales platforms - Image: JHVEPhoto|Shutterstock.com

Online marketplaces: eBay ranked 5th among digital sales platforms – Image: JHVEPhoto|Shutterstock.com

Online marketplaces: eBay ranks 5th among digital sales platforms

eBay has been around since 1995. The US company was probably the largest online marketplace in the world until the 10s. However, it is now only enough for fifth place, as an eCommerceDB analysis of the top 100 marketplaces shows. What's more: In contrast to all of the other top 5 platforms, eBay's gross merchandise value (GMV) declined in 2019. The clear winner is Alibaba, which has almost a trillion US dollars in GMV in 2019 with its platforms Taobao and Tmall. Amazon's marketplace comes in third with almost $400 billion, ahead of JD.com ($301.9 billion).

Online marketplaces: eBay ranks 5th among digital sales platforms

eBay has been around since 1995, and the US company was probably the world's largest online marketplace until the decade. In the meantime, however, it is only good enough for fifth place, as an eCommerceDB analysis of the top 100 marketplaces shows. What's more, eBay's gross merchandise value (GMV) was down in 2019, unlike all the other top 5 platforms. The clear winner is Alibaba, which with its Taobao and Tmall platforms comes to almost one trillion US dollars GMV in 2019. Amazon's marketplace makes it to third place with almost 400 billion US dollars, ahead of JD.com (301.9 billion US dollars).

eBay ranks 5th among digital sales platforms - Image: Statista

eBay ranked 5th among digital sales platforms – Image: Statista

 

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