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Worldwide eCommerce Brands That Had the Highest Earnings and the Biggest Losses Over the Past Year

Worldwide eCommerce Brands That Had the Highest Earnings and the Biggest Losses Over the Past Year

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Worldwide eCommerce Brands That Had the Highest Earnings and the Biggest Losses Over the Past Year
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    Did you know that one-fifth of all retail sales worldwide come from ecommerce? In 2025, the ecommerce market accounted for 20.5% of global retail sales, surpassing the 20% threshold for the first time after reaching 19.9% in 2024. This number is expected to continue growing, with projections indicating it could reach 22.5% by 2028.

    As the ecommerce market expands, it’s crucial to identify which companies are emerging as the biggest winners and which are facing challenges. The team at LLC Attorney dug into earnings data from the top publicly traded ecommerce companies to determine which company had the highest earnings in the past year and which experienced the greatest losses. The analysis is based on earnings data collected at the end of 2025, covering the period from Q4 of 2024 to Q3 of 2025. The reported earnings reflect available pre-tax income data. Explore the visual below to see which ecommerce brands around the world were the biggest winners and losers in terms of their earnings in 2025.

    Click the image to expand

    Worldwide eCommerce Brands That Had the Highest Earnings and the Biggest Losses Over the Past Year – LLC Attorney - Infographic

    Which eCommerce Brand Had the Highest Earnings in 2025?

    In 2025, Amazon generated the highest earnings of any ecommerce brand in the world, totaling $95.22 billion. This massive amount stems from Amazon’s highest annual revenue to date, reaching an impressive$691.33 billion that year. Amazon is an American company that first entered the ecommerce market in 1994 as an online bookstore and has since grown into one of the largest ecommerce companies in the world, selling millions of products.

    Amazon’s annual earnings first surpassed the billion-dollar mark in 2015 and have remained in the billions ever since. In 2015, it earned $2.02 billion, and its earnings more than doubled to $4.37 billion the following year. The largest percentage increase in Amazon’s earnings over the past decade occurred between 2017 and 2018, when earnings rose by 172.43% from $4.65 billion to $12.67 billion.

    However, there was one recent year when Amazon’s earnings were in the red. In 2022, the company reported a net loss of $2.7 billion, resulting in earnings of -$3.57 billion. Amazon attributed part of attributed part of that loss to its investment in Rivian, an electric-vehicle startup that struggled with production and market upheaval.

    How Does Amazon Make Money?

    Amazon has been one of the highest ecommerce earners in the world for years, but how does it make all that money? The company started as an online bookseller and has rapidly expanded into various industries, offering millions of products. Amazon sells over 12 million products, and this number increases to more than 353 million when including all items from Amazon Marketplace sellers.

    In addition to its core ecommerce operations, Amazon generates income through subscriptions, web services, digital advertising, and media, like e-books, movies, and TV shows available through Amazon Prime Video.

    How Much Did Alibaba Earn in 2025?

    In 2025, Alibaba reported earnings of $21.76 billion, making it the second-highest earner among global ecommerce companies. Alibaba is a Chinese company that sells a wide range of products wholesale across industries such as electronics, home goods, beauty, and industrial supplies. The company operates as a vast business-to-business marketplace, connecting businesses with manufacturers worldwide and enabling them to source bulk goods, custom products, and supplies.

    Which eCommerce Brand Had the Biggest Losses in 2025?

    In 2025, the e-commerce brand that experienced the largest earnings loss was Lightspeed POS, which reported negative annual earnings of -$670 million. Despite generating $1.15 billion in revenue that year, the company’s expenses exceeded its income, resulting in negative earnings. However, this was not the worst year for Lightspeed POS in terms of losses; the company recorded its highest loss in 2022, totaling -$1.14 billion.

    Lightspeed POS is a Canadian ecommerce company that provides a point-of-sale system for retailers, restaurants, and other businesses. Once considered a darling of Wall Street for its rapid growth , the company has seen its revenue slow in recent years. Additionally, increasing competition from larger companies has further hindered Lightspeed’s progress.

    How to Form an LLC for eCommerce Businesses

    As the ecommerce industry continues to grow, so does the number of new companies looking to join the fray. eCommerce provides entrepreneurs with an opportunity to generate revenue and achieve long-term financial success. However, starting a new business comes with inherent risks. Forming a Limited Liability Company (LLC) can help protect business owners from certain liabilities by safeguarding their personal assets, such as their car, home, and financial accounts. This is just one of several benefits associated with forming an LLC.

    If you’re interested in establishing an ecommerce LLC, we’re here to guide you through the process with The Complete Guide to Forming an LLC for eCommerce Businesses.

    Brands That Had the Highest Earnings

    RankCompany + CountryEarnings
    1Amazon USA$95.22B
    2Alibaba China$21.76B
    3PDD Holdings (Pinduoduo) China$13.77B
    4Jingdong Mall China$5.69B
    5MercadoLibre Argentina$2.82B
    6eBay USA$2.55B
    7Meituan China$2.17B
    8Shopify Canada$2.03B
    9Sea Limited Singapore$1.95B
    10Copart USA$1.72B
    11Carvana USA$1.65B
    12Vipshop China$1.26B
    13Coupang USA$960M
    14Vend Marketplaces Norway$740M
    15JD Health China$650M
    16Allegro.eu Poland$610M
    17Instacart (Maplebear Inc.) USA$550M
    18Zalando Germany$410M
    19ZOZO Japan$293M
    20Etsy USA$280M
    21MonotaRO Japan$278M
    22Chewy USA$210M
    23Alibaba Health Information Technology Hong Kong$210M
    24Cimpress Ireland$120M
    25Mercari Japan$120M

    Brands That Had the Biggest Losses

    RankCompany + CountryEarnings
    1Lightspeed POS Canada-$670M
    2ASOS UK-$500M
    3Wayfair United States-$320M
    4Ocado-$320M
    5Boohoo Group UK-$210M
    6Vivid Seats USA-$210M
    7THG UK-$180M
    8GoTo Indonesia-$160M
    9LuxExperience Germany-$140M
    10Global Fashion Group Luxembourg-$140M
    11About You Germany-$120M
    12Groupon USA-$97.36M
    13Jumia Germany-$95.72M
    14Mister Spex Germany-$86.02M
    15The RealReal USA-$71.17M
    16CarParts.com USA-$54.01M
    17Newegg USA-$51.36M
    18Redcare Pharmacy Netherlands-$46.76M
    19Lulu’s USA-$46.29M
    20BARK USA-$32.47M
    21Katapult USA-$27.98M
    22Grove Collaborative USA-$22.74M
    23Rakuten Japan-$22.68M
    24Uxin Unlimited China-$20.67M
    25Bukalapak Indonesia-$19.42M

    Note: Earnings reflect available pre-tax income data.
    Source:https://companiesmarketcap.com/e-commerce/most-profitable-e-commerce-companies

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