Italy E-commerce Market Share

Market Share of Italy E-commerce Industry

• Amazon is the dominant player in the Italian E-commerce market. In 2021, the store's revenue was $5.3 billion. It is followed by shein.com, which has a revenue of US$1.1 billion, and Esselunga, which has a revenue of US$846 million. The top three stores account for 30% of online payments in Italy; it is one of the fastest-growing stores in the Italian market. In 2021, the store made approximately US$1.6 million in sales. Its revenue growth amounted to 595 % in the previous year.
• May 2022 - Alibaba, the Chinese E-commerce giant, is expanding its Lazada marketplace to Europe. Lazada will concentrate on local merchants rather than cross-border sales like AliExpress. Cainiao, Alibaba's logistics company, has only recently arrived in Belgium. Alibaba is currently present in the European market through its marketplace AliExpress. However, AliExpress's leading source of revenue is cross-border sales from China. Instead, Lazada concentrates on local European sellers.
• May 2022- Olsam, a British E-commerce aggregator, acquired MarketFleet, a competitor in the United States. It is the company's second acquisition of an aggregator, following the purchase of Flywheel Commerce in November of last year. With this move, the company hopes to consolidate the market. Furthermore, Olsam acquires Amazon sellers and leverages its own platform's data, technology, and operational expertise to drive revenue and profit growth. It received another aggregator, Flywheel Commerce, with the capital raised last year. According to the company, it is now present in 15 countries across three continents.

Italy E-commerce Market Leaders

1. Amazon

2. Shein

3. Esselungaa

4. Apple

5. Zalando

*Disclaimer: Major Players sorted in no particular order