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Top 10 Chinese companies by online sales in 2022

pyhair.net| Updated: June 2, 2023 L M S

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The stand of Alibaba Group during an industry expo in Fuzhou, Fujian province. [Photo/CHINA DAILY]

JD, Alibaba and Vip.com were the top three Chinese companies in terms of online sales last year, according to a report by the China Chain Store & Franchise Association and Deloitte.

The total online sales of the top 100 companies surpassed 2 trillion yuan ($282.75 billion) in 2022, up 13.19 percent year-on-year.

Online sales of the top 20 companies account for more than 90 percent of the total, the association said, adding the threshold to be included on the top 100 ranking rose to 500 million yuan.

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