As of 2024, Alibaba remained China's leading e-commerce company, with a market value of approximately 1.54 trillion yuan. In that year, Pinduoduo surpassed JD.com as the second-largest e-commerce company. There were eight e-commerce companies among China's 500 leading private companies.
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Leading e-commerce companies in China as of 2024, based on market valuation
(in billion yuan)
One yuan equals approximately 0.14 U.S. dollars and 0.12 euros (as of April 2025).
The market values of listed companies were based on the closing prices on November 15, 2024. For the valuation of private companies, market values of other companies from the same industry or the latest M&A data were included in the estimations.
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Hurun Research Institute. (April 22, 2025). Leading e-commerce companies in China as of 2024, based on market valuation (in billion yuan) [Graph]. In Statista. Retrieved June 18, 2025, from https://www.statista.com/statistics/1398541/china-leading-ecommerce-companies-based-on-market-value/
Hurun Research Institute. "Leading e-commerce companies in China as of 2024, based on market valuation (in billion yuan)." Chart. April 22, 2025. Statista. Accessed June 18, 2025. https://www.statista.com/statistics/1398541/china-leading-ecommerce-companies-based-on-market-value/
Hurun Research Institute. (2025). Leading e-commerce companies in China as of 2024, based on market valuation (in billion yuan). Statista. Statista Inc.. Accessed: June 18, 2025. https://www.statista.com/statistics/1398541/china-leading-ecommerce-companies-based-on-market-value/
Hurun Research Institute. "Leading E-commerce Companies in China as of 2024, Based on Market Valuation (in Billion Yuan)." Statista, Statista Inc., 22 Apr 2025, https://www.statista.com/statistics/1398541/china-leading-ecommerce-companies-based-on-market-value/
Hurun Research Institute, Leading e-commerce companies in China as of 2024, based on market valuation (in billion yuan) Statista, https://www.statista.com/statistics/1398541/china-leading-ecommerce-companies-based-on-market-value/ (last visited June 18, 2025)
Leading e-commerce companies in China as of 2024, based on market valuation (in billion yuan) [Graph], Hurun Research Institute, April 22, 2025. [Online]. Available: https://www.statista.com/statistics/1398541/china-leading-ecommerce-companies-based-on-market-value/
