The pandemic has been a boon to online shopping. That shift is reflected in the strong 2021 financial performance of many prominent publicly-traded ecommerce companies.
We’ve analyzed the financial performance of six of those companies: Amazon, Alibaba, eBay, Etsy, MercadoLibre, and Shopify. All reported substantial revenue and profit in 2021.
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The employee count in 2021 for those six companies varies dramatically.
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The term “unicorn” refers to a privately held startup company with a $1 billion or more valuation. According to CB Insights, six of the top 12 global ecommerce unicorns as of Dec. 31, 2021 were headquartered in China.