E-commerce Rankings

FY 2024: Revenue $332.9M (+8% YoY); ARR $349.6M (+4%); enterprise ARR $261.6M (75% of total); 130,000+ merchants in 150 countries; 20,000 paying customers

2024: 6M-7.2M active stores; 38.76% market share; 39% global e-commerce software share; estimated $27.9M revenue; $20B+ GMV annually; 93.7% WordPress e-commerce sites; powers 25% online stores globally

2024: Revenue $2.31B (+13% YoY); processed €1.33T payments (+33.7% YoY); surpassed €1T milestone; shares at highest since Aug 2022

Sep 2025: IPO on NYSE at $19.65B valuation (shares opened 30% above offer price); raised $1.37B in largest IPO of 2025

PayPal Reports Strong Fourth Quarter and Full Year 2024 Results PayPal announced full year 2024 revenue of $31.8 billion (up 7%), 434 million active accounts, $1.68 trillion in payment volume, and $6.8 billion in free cash flow. The board authorized a new $15 billion stock repurchase program and the company plans approximately $6 billion in repurchases for 2025.

Q2 2025: Gross profit $2.5B (+14% YoY), adjusted operating income $550M (+38% YoY); raised full year guidance to $10.17B gross profit (+14% YoY); mid-market merchants 45% of GPV with 20% annual growth

$333M total ($1B unicorn); Dhruv Saxena/Divey Gulati founders; IPO target 2025 ($4B); #45 YC Top Companies; YC

Acquired by CommerceHub $663M Jan 2023; delisted NYSE ECOM; 2,800 clients; Amazon/eBay/Walmart channels; multichannel ecommerce platform leader

2025: 95,000+ stores; $173B GMV (+11.6% YoY from $155B 2024); Black Friday 2024 $6.2B GMV (+14%); average order value $122; 274% ROI over 5 years vs. 198% industry median

$53.2M revenue 2024 (+86% YoY); 60K customers; $197M funding; $135M Series D; Summit Partners led; 434 employees; PIM product information management; ecommerce leader

Free listings 2024, AI-powered filters, price tracking, integrated Shopping Graph 24B+ listings, merchant tools

Q2 2025 revenue accelerated 6% to $2.6B with US GMV surging 7% and AI-powered listings driving growth

IPO Sept 2023 (NASDAQ: CART $9.9B); Apoorva Mehta founder; 1,400+ retailers; Famous YC beer delivery story; YC S12

60+ stores, 4 SoCal closures 2025, tens of billions sales 2024, expansion paused 2023 then resumed, Whole Foods CEO took control Jan 2025

$13.7B revenue 2024 (+13.2%), 95M users, 23% US market share (#2 to DoorDash 67%), $74.6B gross bookings (+10%), first profitable 2023

Microsoft Shopping integrated into Bing, AI-powered shopping tools 2024, price comparison across retailers, Edge browser integration

Still operational 2025, price comparison service, Chrome extension active, partnerships Walmart/Amazon, wishlists/price tracking

Quotient Technology, 40M+ users, digital circulars 1,000+ retailers, grocery shopping app, location-based deals

eBay subsidiary since 2005, semi-autonomous division, still operational 2025, price comparison service, slowly merging with eBay

DoorDash Announces $3.9 Billion Acquisition of Deliveroo to Expand Global Reach DoorDash announced the acquisition of UK-based Deliveroo for approximately £2.9 billion ($3.9 billion) in cash at 180 pence per share. The transaction adds nine new countries to DoorDash's portfolio (Belgium, France, Italy, Ireland, Kuwait, Qatar, Singapore, UAE, UK), expanding its presence to over 40 countries serving a combined population exceeding 1 billion. The deal is expected to close in Q4 2025.

Temu Halts Direct China Shipments to U.S. Amid Tariff Changes Following President Trump's executive order eliminating the de minimis exemption for Chinese goods, Temu announced it would stop direct shipments from China to U.S. customers. Orders will now be fulfilled by locally-based sellers from within the United States, marking a major operational pivot.

$10M InDrive Dec 2024; $6.25M 2023 (YC/Honda/JAM/Rebel/Decart/Conjunction/Zayn); Founded 2021 Karachi by Kidwai/Bawany/Shroff/Ahmed; $15M revenue Jul 2025; 346 employees; YC S22; Thousands daily orders; Private-label products; Minutes delivery; Rappi for Pakistan; Quick commerce; Cloud fulfillment; Multi-city expansion; Pakistan 3rd largest 2023 round

Swap Secures $40M Series B Led by ICONIQ Growth After 7x Revenue Growth Swap announced a $40 million Series B funding round led by ICONIQ Growth with participation from Cherry Ventures, QED Investors, and 9900 Capital. The funding follows seven-fold revenue growth between March 2024 and March 2025, bringing total funding to approximately $49 million.

€7.5M funding (YC/Sequoia/Mundi/Galdana); $33-50M valuation; Founded 2022 Barcelona by Fajula/Montmany; YC S22; 130+ customers; 35 employees; Positive unit economics; Instant refunds; BNPL model; Automated labels/refunds; Purchasing analytics; TOP 10 Fastest-Growing Spanish Startup (EU-Startups); Top 50 MWC Barcelona 4YFN 2024

$7M total YC/Initialized Capital/Great Wave Ventures; Founded 2023 New York by Farr/Haddock/Carroll; YC S23; 8 employees; 1,000+ beverage products; Wholesale marketplace; Specialty food stores; Non-alcoholic/functional beverages; Centralized inventory; One-place purchasing; Food/beverage distribution; Simplified procurement

$4.5M seed Jul 2025 (Khosla/Coatue/Citi/YC); $5M total; Founded 2023 San Francisco by Fudem/Brain (ex-PayPal); YC 2023; Millions revenue; 3x YoY growth; 50+ brands; 14% incremental revenue; Text-to-buy network; AI SMS conversations; 20-30% conversion improvement; Cart recovery/upsells; $10M-$100M brand targeting

$500K seed May 2024 SID/YC/Interlace/Mu; Founded 2022 New York; YC W23; $2M revenue 2024; 13 employees; All-in-one grocery software; E-commerce enablement; Inventory management; $1T grocery industry; Vertical SaaS; Digital channels; Independent grocers; Consistent growth since 2022 launch; Expanding user base

Shopee Surpasses $100 Billion GMV Milestone with 28% Growth Shopee achieved record-breaking performance in 2024, surpassing $100 billion in full-year GMV with 28% year-over-year growth and exceeding 10 billion gross orders. The platform also marked its first full year of adjusted EBITDA profitability.

$5.75M total ($5M Series A Sep 2024 Sequoia/YC/Liquid 2/Kima); Founded 2023; YC W23; $3.3M revenue 2024; 22 employees; 100+ customers; 5M+ tickets; $30M+ valuation; Globally distributed team; Automated customer support; Sales AI Q&A Shopify widget Sep 2025; Performance-based pricing; Ecommerce brands

$40K MRR; $3M monthly GMV; $41M total GMV; 1.2M+ orders; Profitable; $500K funding (Goodwater/Olive Tree/YC, conflicting $125K report); 1,500 orders/day; $12/mo + $0.25/order; 50M WhatsApp Business SE Asia ($7.2B market); Founded 2020 Wan Mohd Aizuddin; Putrajaya Malaysia; YC + ex-FB/WhatsApp angel

$2.5M total (BRL 12M seed Aug 2023 Goodwater/YC/DOMO/Acacia/Faria); $3.8M revenue Jul 2025; Founded 2021 Brazil; YC W23; 45K resellers; 25% MoM growth; Faire-style LATAM marketplace; Beauty/wellness; Embedded credit; AI WhatsApp sales; Double-digit gross margin; Women resellers

Virgio Becomes Sustainable Fashion Partner for IIFA's 25th Anniversary Virgio announced partnership with IIFA's 25th-anniversary celebrations in Jaipur, serving as the official sustainable fashion partner and collaborating with Dr. Mahra Lutfi as sustainability ambassador.

$30M Series A July 24 2025 ($37.5M total) Forerunner Ventures lead; $9M revenue 2024; $50M GMV/month up from $50K Jan 2024 (1000x growth); 13 employees; Founded 2021; NYC/San Francisco; Digital mystery packs; Instant buyback; Zero seller fees; eBay/PSA integration; YC W22

$3.3M+ funding YC; $13.4M revenue Dec 2024; M&A offer April 2025; 89 employees; First profitable May 2024; Founded June 2021; Addis Ababa Ethiopia; 3M deliveries; 4,000 orders/day; 90% food deliveries; $4M infrastructure; Multi-vertical platform; Africa expansion; YC W22

$1M revenue Dec 2024 (up from $900K June 2024); $1.5M funding YC/Meta Platforms; 6 employees; April 2025 M&A offer; Founded 2021; Singapore; Shopify for WhatsApp; Restaurant ordering; Automated invoicing/payments; 2.8B+ WhatsApp users; 5M+ businesses; YC W22

$4.7M total funding (YC/TLF Ventures 2022); YC W22 batch; 5M+ mom & pop shops LATAM target; Brazil strong presence; Credit solutions; Logistics coordination; Brand-manufacturer connections; Small retailer focus; Product discovery; Regional markets

M&A offer April 2025; $5.3M revenue 2024; 35 employees; Founded 2021; Maracaibo Venezuela; YC-backed; QUIK Super App 30-min delivery; QUIK Pro business software; Any currency payments; Inventory/website/logistics; LATAM business OS; YC W22

$600K funding Renew Capital May 2025; 10K+ resellers; 42K+ customers; 70% female; Shopa acquisition Oct 2024; Founded 2021; Ghana/Nigeria; Zero capital reselling; Facebook/WhatsApp; Wholesale prices; Fashion/beauty/electronics/FMCG; YC W22

$2.3B total funding over 14 rounds from 75 investors; Jun 2024: $665M at $3.6B valuation; Aug 2024: $340M at $5B (General Catalyst-led); Nov 2024: $350M at $5B; Oct 2025: $450M at $7B valuation ahead of public listing; YC W21 (Winter 2021)

$10.1M funding ($8.1M Series A Monk's Hill lead); Insignia/Wavemaker/YC; $15M revenue July 2025; 51 employees; 745K users; 60K+ wholesalers/retailers; 37.5x GMV growth; Indonesia; MSME digitization; Wholesale/bookkeeping; YC W22

Acquired by Adobe 2018 for $1.68B; powers 95,000+ stores globally including Coca-Cola, Ford, Nike, Canon, Christian Louboutin; market share 2.7% of top 1M e-commerce sites (2024); integrated with Adobe Experience Cloud

$130K total funding (Basecamp Fund, Proximity Angels, Alumni Ventures, Chaos Ventures, FJ Labs, Rebel Fund); $7M revenue 2024; Customers sell $4M+ monthly via platform; 63 employees; 8 Latin American countries

$4.8M seed funding (Sequoia Capital India/Peak XV lead); YC, Alpha JWC, Meta, angels from Checkout.com/Coinbase/Grab/VISA; Acquired by Pomelo Group Jan 23, 2025; Founders joined as CPO/VP Sales/VP Engineering

$1.3M total funding; Seed Jan 2022 (YC lead, Global Founders, Rocket Internet, Soma, Shrug VC, Lenny Rachitsky, James Beshara, TDV); $2M revenue 2024; 67 employees Aug 2025; 4% YoY growth; YC-backed

2024 revenue $22.1M (up from $18.3M in 2023); powers 300,000+ online shops worldwide in 175 countries; 70M downloads; available in 75 languages; community-driven with 1M merchants and developers

$9.2M total funding from 10 investors including 43North ($1M 2025), AgFunder, DO Venture Partners, First Round Capital, KdT Ventures; Y Combinator W20; Patented Px Coffee formulation secured

$700K seed Aug 16 2023 (YC); Founded 2022; 27% more revenue vs existing; 1-3% email conversion; 20-30% total revenue; Interactive emails; Shopify brands; No-code builder; YC W24