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Jun 13, 2025 | Key Figures of E-Commerce

Asia leads the ranking of biggest e-commerce markets worldwide. The total revenue of online retail in Asian countries added up to nearly 2 trillion U.S. dollars in 2025. This was approximately 360 billion U.S. dollars higher than the e-commerce revenue reached in the Americas. Australia, Oceania, and Africa were estimated to achieve far lower e-commerce revenues in 2025, with values below 50 billion U.S. dollars. Asia’s leading position can mostly be ascribed to China, which achieved a revenue of over one trillion U.S. dollars in 2024.

How dominant is Asia in e-commerce?

The e-commerce market is highly developed on the Asian continent, and will continue to grow. For instance, India is among the countries with the highest Compound Annual Growth Rate (CAGR) for its e-commerce market. Between 2025 and 2029, the market value is forecast to grow with over 11 percent annually. The Latin-American e-commerce market is also forecast to grow quickly in the coming years.

Large Asian e-commerce markets have a strong influence over the rest of the world. A concrete example of an Asian e-commerce channel that is being adopted in the West is the TikTok Shop, connecting social media and e-commerce to form social commerce.

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Jun 11, 2025 | Prices, Marketing, and Trade

Global liquefied natural gas prices have shown less volatility in 2024 and 2025 than the years prior, with the benchmark price reaching 10.8 U.S. dollars per million metric British thermal units in May 2025. This figure represents an increase from the same period a year earlier. The global LNG benchmark, which is largely influenced by Asian market trading, particularly Indonesian LNG in Japan, serves as a key indicator for the industry's pricing trends.

Natural gas prices become less volatile

The Asian LNG market experienced less turbulence in 2023 compared to the previous year, with price volatility dropping to 75 percent. This relative stability followed an exceptionally volatile 2022, when LNG demand surged due to sanctions on Russian imports. The global natural gas price index, which encompasses European, Japanese, and American markets, stood at 213.3 index points in March 2025, showing a decrease of nearly 20 points that month. This upward trend in natural gas prices contrasts with the comparatively lower crude oil price indices and follows greater heating demand in the winter months.

Landed prices vis-à-vis export prices

Due to its geographical location, Japan is exclusively reliant on LNG trading for its natural gas supply. As such, Japan's landed LNG spot price is often higher than for other markets, reaching approximately 10.05 U.S. dollars per million British thermal units in January 2024. By comparison, the world's largest LNG exporter, the United States, has seen its LNG export prices decrease to 7.57 U.S. dollars per thousand cubic feet in 2023, down from 12.24 U.S. dollars the previous year. 

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Jun 13, 2025 | Logistics

In 2024, Swiss transport and logistics company Kuehne + Nagel was ranked as the world's largest air freight forwarder with a volume of nearly 1.9 million metric tons. It was closely followed by the German DHL Supply Chain & Global Forwarding, with approximately 1.8 million metric tons of freights that year.

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Jun 12, 2025 | Mobile Devices
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Jun 11, 2025 | Apps

China's mobile game market is vibrant. In May 2025, Tencent's flagship title Honor of Kings was the highest-grossing game app in the country, earning over 180 million U.S. dollars in revenue. PUBG Mobile remained second with over 90 million U.S. dollars. The much anticipated Dungeon & Fighter: Origins, released in May 2024, stood at the fotrh position with about 30 million U.S. dollars.

The long-term winners: Tencent and NetEase

For many years, Tencent and NetEase have been the most successful Chinese game developers, holding the lion’s share of mobile gaming traffic. The former owns the super app WeChat and an extensive network of entertainment offerings. The mobile gaming business has been one of Tencent's profit pillars, contributing nearly 30 percent of its annual revenue (555 billion yuan) in 2022. In comparison, NetEase was half the size of Tencent—83.6 billion yuan in online game revenue in 2024. 

The industry challenger: miHoYo

Having arrived at the gaming scene relatively late in 2011, the Chinese studio miHoYo took eight years to catch global attention. In September 2020, the company grabbed the right timing to launch Genshin Impact during the pandemic. The role-playing game achieved two billion U.S. dollars of revenue within a year of release and continues to be a lucrative title in various markets. The company later released two more blockbuster games, Honkai: Star Rail in 2023 and Zenless Zone Zero in 2024.

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Jun 11, 2025 | TV

In the week spanning May 24 to 30, 2025, the Hindi entertainment channel, STAR Utsav, emerged as the leading television channel in India, with a weekly viewership of nearly 2.6 million average minute audience. It was followed by the Telugu entertainment channel, STAR Maa, while STAR Sports 1 Hindi slipped to the third spot. The list was dominated by general entertainment channels across the Hindi and South-Indian language markets that week.

Evolving viewership demographics

In recent times, India's viewership demographics have undergone substantial transformations. Television viewership has declined across various age groups, with the largest viewer segment aged 31 to 50. This shift can be attributed to the increasing preference for connected TV and exclusive video streaming over traditional pay TV. Surveys indicate that urban consumers aged 25 to 34 are at the forefront of these changes, driving video streaming and influencing television consumption trends, reflecting the evolving viewer preferences in India.

Streaming strengthens its hold over the Indian market

OTT platforms in India have witnessed significant growth, providing a wide range of content options. India's leading OTT players, including Netflix and Amazon Prime, alongside homegrown platforms like JioTV and Hotstar, have saturated the market with international and local entertainment. Notably, YouTube was the leading streaming platform in the country in terms of unique visitors, surpassing all rivals.

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Jun 12, 2025 | Business Enterprise

Compass Group had by far the highest number of global employees among companies based in the United Kingdom as of 2025, at approximately 500,000 employees. Tesco had the second-highest number of employees at around 336,400, followed by HSBC Holdings which had 211,000 employees. In the same year, HSBC Holdings had an annual revenue of 142.3 billion U.S. dollars, the third-highest among UK-based companies. The oil and gas giant Shell had the highest annual revenue at over 283 billion dollars, ahead of BP at 189 billion dollars. 

How many businesses are there in the UK?

In 2024, there were approximately 5.5 million business enterprises in the UK, down from a peak of 5.98 million in 2020. Although there were just 1,930 large firms that employed 1,000 people or more, these firms employed more than a quarter of the UK's private sector workforce, and made a combined turnover of approximately 1.69 trillion British pounds. As of this year, the construction industry had the highest number of enterprises by sector, at over 870,000. The sector with the most workers was that of wholesale and retail, which collectively employed just under 4.9 million people in 2024, and also had the highest turnover compared to other sectors, at over 1.8 trillion pounds. 

Current UK economic climate

Although the UK economy is expected to grow in 2025, growth has been downgraded from earlier forecasts, while inflation and unemployment are expected to be higher than initially thought.  According to the business confidence index, sentiment among businesses at the end of 2024 was lower than it has been since early 2021. Furthermore, since the start of 2025, businesses have been shedding jobs at an accelerating rate, possibly due to recent tax rises, which was seen as the main external concern of businesses in early 2025. The precarious state of the UK's government finances, and potential tax rises in the next budget, are also likely feeding into this pessimistic mood. 

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Jun 11, 2025 | B2B E-Commerce

In Latin America, the marketplace Alibaba has its biggest mobile base in Brazil and Mexico, where the app of the B2B platform was downloaded around 1.3 and 1.1 million times, respectively, in May 2025.

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Jun 12, 2025 | Gaming Technology

PlayStation occupied the largest market share of console operating systems in Nigeria as of June 2025. This referred to 52 percent of the total share. Xbox covered the remaining share, with a share of 48 percent.

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Jun 16, 2025 | B2C E-Commerce

Woolworths.com.au is leading the Australian e-commerce market, with e-commerce net sales of 4.6 billion U.S. dollars generated in Australia in 2024, followed by coles.com.au with nearly three billion in sales. Third place is taken by shein.com with revenues of over 1.6 billion USD. 

For an extended ranking as well as rankings in specific product categories, please visit ecommerceDB.com.

The eCommerceDB provides detailed information for over 30,000 online stores in more than 50 countries, including detailed revenue analytics, competitor analysis, market development, marketing budget, and interesting KPIs, such as traffic, shipping providers, payment options, social media activity and many more.

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