Press release
Otto Group follows Amazon as world’s second largest E-Commerce retailer
Amazon’s online sales figures total more than twice the market share of the world’s second and third largest E-Commerce providers. This is the result of a current survey conducted by the research company yStats.com. The survey is based on an analysis of the sales figures of major international E-Commerce providers. The findings have been used to compile the first ranking of the world’s most important E-Commerce providers.
According to the research results, the US company Amazon recorded total sales of around 13.1 billion euros in 2008. The Hamburg-based Otto Group, a trading and services corporation, ranks second place with online sales totaling 5.5 billion euros in the same year. With sales reaching 5.3 billion euros, the US office supplier Staples ranks third worldwide.
The ranking reveals a market dominance of companies from the US. 13 of the top 20 E-Commerce providers are US-based companies, seven are headquartered in Europe. A comparison of current and previous year’s sales figures show that E-Commerce is an expanding sales channel. In 2008 alone, Amazon achieved a sales increase of 29.2 percent. The Otto Group recorded a sales increase of 12.5 percent
Founded in 2005, yStats.com is committed to the research of objective, demand-based and up-to-date data on markets and competitors for top managers from various industries including retail, home shopping, E-Commerce, telecommunication, logistics and energy. The Hamburg-based company is a specialist for secondary research with a clear international focus. Major clients include Otto Group, Tchibo direct, Wirecard, Red Bull, Beiersdorf, Deutsche Post and Hermes Logistik Gruppe. Yücel Yelken is the founder and CEO of yStats.com.
yStats.com GmbH & Co. KG
Behringstrasse 28a, 22765 Hamburg
Germany
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
Email: press@ystats.com
Internet: www.ystats.com
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