Business - Markets Reports and Financial News

The leading commercial websites


Commercial websites are e-commerce websites that have global presence and allow people to do business securely over the internet. Simply put, they are websites that operate as online businesses.

For efficiency, the website should be search-friendly, fast and provide a clear picture of what is being dealt in.

Commercial websites have the advantages of offering flexibility and convenience in terms of obtaining products and services. Customers have the opportunity to compare prices and chose what suits their needs.

Some people also find commercial websites to me more accommodative than sales agents who may at times be frustrating or untruthful.

The five leading commercial websites are discussed here, based on thorough assessment of all their activities, the capital base and other relevant factors.

At the top of the list is Ebay, an American online company that manages Ebay was founded in 1995 by Pierre Omidyar, a French-born Iranian computer programmer.

This is a site where individuals and businesses sell a variety of good and services worldwide. It can best be described as an online auction and shopping website.

Ebay is one of the success stories of the dot-com bubble. It is now a multibillion dollar business which operates in more than thirty countries.

The second position is taken by Inc. is a US-based multinational electronic retail company. It was founded by Jeff Bezos in 1994 and he launched it online in 1995.

Amazon started as an online bookstore but now it has diversified and is dealing in selling MP3 downloads, DVDs, CDs, electronic equipment, computer software, video games, furniture, food and even apparel toys. There are separate Amazon websites for China, Canada, France, Japan, Germany and the United Kingdom.

Rakuten comes third. Rakuten is the largest online shopping mall operator in Japan with over 50 million registered users. It was founded by Hiroshi Mikitani in February 1997 as MDM Inc. but later changed its name to Rakuten in June the same year.

By 2004 it was ranked as the second site in Japan in terms of audience. Only Yahoo! Was ahead of it in terms of monthly visits or hits.

The fourth position is held by This is an American public corporation operating a chain of warehouse stores and a chain of large discount department stores. It was founded in 1962 as Wal-mart by Sam Walton. It was incorporated in 1969 and was publicly traded on the New York Stock Exchange in 1972.

Walmart is based in Bentonville, Arkansas. It is the largest grocery retailer and the majority private employer in the U.S.

At the fifth position is This is an American retailing company which is the internet division of Target Corp. it was founded by George Dayton in Minneapolis in 1902.

In 2010, Target already had stores in every state except Vermont; all operating under the names of SuperTarget or Target. is the second largest discount retailer in the United States after Walmart.

There are many other upcoming commercial websites and maybe this order might change in the future.

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