As of 2023, Alibaba remained China's leading e-commerce company, with a market value of approximately 1.57 trillion yuan. In that year, Pinduoduo surpassed JD.com as the second-largest e-commerce company. There were seven e-commerce companies among China's 500 leading private companies.
Leading e-commerce companies in China as of 2023, based on market valuation
(in billion yuan)
One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of August 2024).
The market values of listed companies were based on the closing prices on November 15, 2023. For the valuation of private companies, market values of other companies from the same industry or the latest M&A data were included in the estimations.
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Hurun Research Institute. (August 13, 2024). Leading e-commerce companies in China as of 2023, based on market valuation (in billion yuan) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1398541/china-leading-ecommerce-companies-based-on-market-value/
Hurun Research Institute. "Leading e-commerce companies in China as of 2023, based on market valuation (in billion yuan)." Chart. August 13, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1398541/china-leading-ecommerce-companies-based-on-market-value/
Hurun Research Institute. (2024). Leading e-commerce companies in China as of 2023, based on market valuation (in billion yuan). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1398541/china-leading-ecommerce-companies-based-on-market-value/
Hurun Research Institute. "Leading E-commerce Companies in China as of 2023, Based on Market Valuation (in Billion Yuan)." Statista, Statista Inc., 13 Aug 2024, https://www.statista.com/statistics/1398541/china-leading-ecommerce-companies-based-on-market-value/
Hurun Research Institute, Leading e-commerce companies in China as of 2023, based on market valuation (in billion yuan) Statista, https://www.statista.com/statistics/1398541/china-leading-ecommerce-companies-based-on-market-value/ (last visited November 21, 2024)
Leading e-commerce companies in China as of 2023, based on market valuation (in billion yuan) [Graph], Hurun Research Institute, August 13, 2024. [Online]. Available: https://www.statista.com/statistics/1398541/china-leading-ecommerce-companies-based-on-market-value/
