Amazon ranked number one global retailer but JD.com and Alibaba are closing in
Amazon, Alibaba and JD.com continue to outperform retailers worldwide, with the three e-commerce giants experiencing an average revenue growth rate of 30% in 2016, compared with a 4.3% average growth rate for retailers worldwide.
A report from eMarketer, using data from UK-based OC&C Strategy Consultants, revealed the top ten retailers worldwide ranked by the increase in sales in 2016.
While Amazon is the standout global leader with a significant lead of £23.5bn ($31.7 bn) in revenue g
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