Top 5 Online Marketplaces in Canada by GMV 2023

Which eCommerce Marketplaces Are the Leaders of Canadian Market by GMV in 2023?

In 2023, the Canadian eCommerce market witnessed a significant surge in Gross Merchandise Volume (GMV), showcasing the intense competition among the top platforms. Amazon emerged as the dominant player, leading the market with a remarkable GMV of US$31.8 billion, solidifying its position as the go-to platform for online shoppers. Following closely behind, Walmart secured the second spot with a GMV of US$10.7 billion, demonstrating its strong presence in the eCommerce landscape. eBay and AliExpress also showcased substantial GMV figures of US$2.5 billion and US$1.7 billion, respectively, highlighting their popularity among consumers. Additionally, Best Buy rounded out the top five with a GMV of US$1.2 billion, underscoring its successful eCommerce strategies in catering to a diverse customer base. The data reflects the dynamic nature of the Canadian eCommerce market, with key players vying for market share and consumer attention through innovative offerings and competitive pricing strategies.

Main Facts: 2023's Top 5 Canadian eCommerce Marketplaces by GMV

• Market Leader: Amazon dominates the Canadian eCommerce market with a GMV of US$31.8 billion in 2023, showcasing its strong market presence and influence.
• Runner-Up: Walmart follows closely behind Amazon with a GMV of US$10.7 billion, solidifying its position as a significant player in the Canadian eCommerce landscape.
• Key Players: eBay, AliExpress, and Best Buy round up the top 5 eCommerce marketplaces in Canada with GMVs of US$2.5 billion, US$1.7 billion, and US$1.2 billion respectively, highlighting their importance in the market.