44% of global eCommerce is owned by 4 Chinese companies

from TechFirst with John Koetsier · host John Koetsier

58% of global e-commerce is concentrated in just six companies. And just four Chinese companies account for almost half of global digital sales. Global e-commerce reached $3.4 trillion last year, according to a new report from Activate Consulting. Thousands of brands and retailers divvy up just 37% share of that, while six giants who are mostly Chinese companies vacuum up more than half of the pie.  The Forbes story for this episode is here: https://www.forbes.com/sites/johnkoetsier/2020/10/21/44-of-global-ecommerce-is-owned-by-4-chinese-companies/

What this episode covers

58% of global e-commerce is concentrated in just six companies. And just four Chinese companies account for almost half of global digital sales. Global e-commerce reached $3.4 trillion last year, according to a new report from Activate Consulting. Thousands of brands and retailers divvy up just 37% share of that, while six giants who are mostly Chinese companies vacuum up more than half of the pie. The Forbes story for this episode is here: https://www.forbes.com/sites/johnkoetsier/2020/10/21/44-of-global-ecommerce-is-owned-by-4-chinese-companies/

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This episode was published on October 22, 2020.

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