Market Share of Automotive E Tailing Industry
The automotive e-tailing market is dominated by several players, like AutoZone Inc., Alibaba Group Holding Limited, Amazon.com Inc., Walmart Inc., eBay Inc., O'Reilly Automotive Inc., and Flipkart. The market has witnessed several developments in vehicle manufacturers establishing their e-commerce portals and e-commerce giants acquiring local companies to expand their footprint worldwide. A few such instances are mentioned below:
- In 2021, Walmart developed new technology to allow shoppers to buy items online and pick up the purchases at the store. These businesses also will be able to add products to Walmart's online marketplace with just a few clicks. To offer a suite of cloud-based services, Walmart has partnered with Adobe, which will sell the software through a subscription.
- In 2021, Amazon announced that it would acquire Catamaran's stake in Prione Business Services. Prione Business Services provides digital and internet services to Indian small and medium-sized businesses, while Catamaran is a venture capital and private equity investment firm.
- In 2019, Online commerce giant eBay relaunched its dedicated mobile app for car sellers and buyers. The eBay Motors app has been in beta for a few months, and version 1.0 is now live for Android and iOs. The new incarnation sports several notable automated features to help people sell their vehicles, including an image-categorization tool that groups photos by type. It was built using Google's Auto ML Vision Edge tool for Firebase.
Automotive E-tailing Market Leaders
Amazon.com, Inc.
Alibaba Group Holding Limited
AutoZone, Inc.
Walmart Inc.
eBay Inc.
*Disclaimer: Major Players sorted in no particular order
