The report includes only private, active, VC-backed companies and subsidiaries, majority-owned companies have been excluded such as Flipkart, which has Walmart as its majority stakeholder, and Myntra, Jabong are subsidiaries of Flipkart.
The analysis report focuses on consumer-facing e-commerce companies, and we exclude companies focused on e-commerce enablement.
1. Instacart
Valuation - US $17.7 Billion | Country - United States
Instacart is an American company that operates a grocery delivery
and pick-up service in the United States and Canada. The company offers
its services via a website and mobile app. The unicorn company reached a $17.7 billion valuation in 2020, following a Series H by Valiant Capital Partners and D1 Capital Partners.
2. SHEIN
Valuation - US $15 Billion | Country - China
Shein is Shenzhen, China-based company. Shein was founded in Nanjing, eastern China, in 2008 and it came in second only to Amazon in a ranking of teens' favourite e-commerce sites in financial services company Piper Sandler's latest “Taking Stock With Teens” survey.
3. Chehaoduo (guazi.com)
Valuation - US $9 Billion | Country - China
4. Coupang
Valuation - US $9 Billion | Country - South Korea
5. Tokopedia
Valuation - US $7 Billion | Country - Indonesia
6. Snapdeal
Valuation - US $6.5 Billion | Country - India
In 2016, it was reported that SoftBank, one of the major investors in Snapdeal, wanted to merge Snapdeal with Flipkart. The discussions on merger with Flipkart went on for a number of months, but the deal did not go through due to lack of consensus within the Snapdeal Board.
In July 2017, Snapdeal chose to pursue an independent path, which it described as Snapdeal 2.0. As part of its 2.0 initiative, Jasper Infotech sold off its non-core businesses, FreeCharge & Vulcan Express and chose to focus all its attention and resources on its core business, the Snapdeal marketplace.
7. Fanatics
Valuation - US $6.2 Billion | Country - United States
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| Image - Bizjournals |
Fanatics, Inc. is an American online retailer of licensed
sportswear, sports equipment, and merchandise. It was formed, 26 years ago, in 1995 and
is headquartered in Jacksonville, Florida.
Fanatics also operates the e-commerce websites of major professional sports leagues like NASCAR, NBA, PGA, UFC etc., as well e-commerce websites of major media brands -- CBS Sports, Fox Sports, and NBC Sports) along with 150 collegiate and professional team properties. They are also the exclusive online distributor for the United States Olympic Team and Paris Saint-Germain, a French professional football club based in Paris.
8. Xingsheng selected
Valuation - US $4 Billion | Country - China
Xingsheng is Changsha,China-based community group-buying platform incubated by Rurong Xingsheng, a convenience store chain operator with a strong footprint in southern and central China. Backed by Tencent, Xingsheng allows consumers to purchase fresh produce and other daily supplies through a WeChat mini-programme, and then pick up the products from branded convenience chain stores in their neighbourhood.
In December, Xingsheng had closed about $800 million in a round led by KKR & Co.
In December, Xingsheng had closed about $800 million in a round led by KKR & Co.
9. GoPuff
Valuation - US $3.9 Billion | Country - United States
10. Auto1 Group
Valuation - US $3.5 Billion | Country - Germany
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| Image - Economic Times |
AUTO1 Group is Europe's leading digital automotive platform for buying and selling used cars online. By connecting buyers and sellers through technology the company enables consumers as well as dealers to trade seamlessly. Sourcing from all channels including OEMs and dealerships. AUTO1 Group owns business units like AUTO1.com, Autohero.com or wirkaufendeinauto.de.
AUTO1 Group operates in almost 30 countries and continues to expand rapidly.
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