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December 27, 2017

amazon now represents 4% of US retail sales

" the top 10 US companies with highest ecommerce sales"

The Biggest Top 10 Companies ranked by Global ecommerce sales


Amazon just had one of its most spectacular sales history, as it announced that it has sold more than 1 billion items from small businesses and entrepreneurs worldwide during the period from Thanksgiving to Christmas season. In a statement released Tuesday, Amazon said it has sold "tens of millions" of Echo devices worldwide, with Echo Dot and Fire TV Stick with Alexa Voice Remote being the most popular products in Amazon across all categories. It is just the day after Christmas that Amazon is celebrating its "biggest" holiday sales surge "with customers all around the world shopping at record levels." The company's popular product, Amazon Alexa, which is a voice-based assistant software behind Amazon Echo, was the most downloaded app on Christmas Day in both Apple Store and Google Play, two virtual stores for the iOS and Android mobile operating systems. Amazon is said to have delivered 1 million customer packages in a single day across its 10 North American and European fulfillment centers. Over the course of one week, more than 4 million people became Prime members or started a free trail, sending the e-commerce giant's membership count to new highs.Amazon now represents close to 4 percent of all retail sales online and off in the U.S., according to eMarketer. E-commerce sales will increase 15.8 percent to $452.8 billion by the end of 2017, according to the research firm’s estimates.


Meanwhile Amazon’s e-commerce sales are expected to grow 32 percent to $196.8 billion dollars in 2017 in the U.S., or 43.5 percent of total e-commerce sales. These figures represents gross merchandise volume data, which includes sales made by third parties on Amazon’s marketplace.The widening gap over the past year between Amazon and so-called store-based retailers is particularly striking. It's important to note that Amazon still only boasts a 5 percent share of total retail sales, excluding food, across the country, according to data from the U.S. Census Bureau. But this is coupled with big names in the retail space — Wal-Mart, Costco, Home Depot, Target — seen as losing market share as their margins shrink and dollars shift back to Jeff Bezos' company, the analyst added.Amazon, essentially, is "eating the retail world," MKM Partners analyst Rob Sanderson recently wrote a note to clients. His chart shows Amazon, in the categories that the company serves, growing its market share, as brick-and-mortar retail sales are on the decline Amazon held 38 percent market share, or $149 billion in sales, in 2016, and it remains the biggest e-commerce company. It is followed distantly by eBay, Apple and Walmart.