Amazon, Pinduoduo And TikTok Lead 2025 GMV Ranking
Three companies accounted for nearly $2.3 trillion in online sales in 2025. Amazon ($845bn), Pinduoduo ($817bn) and Douyin, operated by ByteDance ($648bn), topped the global e-commerce ranking by gross merchandise value (GMV) in 2025, according to ECDB data. The figures indicate a high level of concentration at the top of the global e-commerce market and [โฆ]












