Top 10 Retail Chains in the World by Market Capitalization
Amazon.com Inc, Walmart Inc, The Home Depot Inc, Alibaba Group Holding Ltd, and Costco Wholesale Corp are the top 5 retail chains in the world in 2022 by market capitalization (as of December 31, 2022). Comprehensively, the top 5 Retail companies in the world had a total market cap of $1,997,073.1 million (as of December 31, 2022), with Amazon.com Inc having the highest ($856,939 million), followed by Walmart Inc ($382,379 million), and The Home Depot Inc ($321,920 million), while Costco Wholesale Corp is the lowest ($202,613 million). The world’s top 5 Retailing companies employed a total of 49,42,340 people in 2022. The United States-based Amazon.com Inc is the world’s leading Retail Chain by market cap (as of December 31, 2022). The company reported revenues of $513,983 million for the fiscal year ended December 2022 (FY2022), an increase of 9.4% over FY2021. The company provides products such as apparel, auto and industrial items, beauty and health products, electronics, grocery, games, jewelry, kids and baby products, music, sports goods, toys, and tools. Amazon.com Inc employed 16,08,000 people in 2022. The United States-based Walmart Inc is another leading Retail chain in the world by market cap (as of December 31, 2022). The company reported revenues of $611,289 million for the fiscal year ended January 2023 (FY2023), an increase of 6.7% over FY2022. The company’s stores offer grocery and consumables, health and wellness, technology, office and entertainment, hardlines, apparel, and home categories at everyday low prices. Walmart Inc employed 23,00,000 people in 2022.