QVC revenue 2010-2019

In 2019, QVC, a subsidiary of Qurate Retail Inc., generated 10.98 billion U.S. dollars in revenue through its business activities around the globe. This marks a decrease from the 11.28 billion reported in 2018, which was the company’s biggest year of all time in terms of revenue generation, increasing annual figures by more than 2.5 billion U.S. dollars in comparison to 2017 after experiencing years of relative stagnation.

What does QVC do?

QVC is a television home shopping network which is broadcast primarily in the United States and also operates subsidiary stations in a handful of European countries as well as Japan and China. As of 2017, QVC programming reached hundreds of millions of consumers around the world, with the company’s biggest markets being the United States and China. In addition to the hundreds of millions of QVC viewers around the world, the company also boasts millions of paying customers, over eight million of which reside in the United States.

QVC.com

In addition to their television shopping network, the company also operates a website called qvc.com which serves as the company’s online marketplace. Although the online shopping market is traditionally dominated by large companies such as Amazon, Alibaba and Walmart, qvc.com has managed to carve out a significant online shopping platform, partially thanks to traffic generated by its television network. As of 2018 qvc.com ranked as one of the top e-commerce stores in the U.S. in terms of both net sales and share of visits.

Revenue generated by the QVC Inc. from 2010 to 2019

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Source

Release date

February 2020

Region

Worldwide

Survey time period

2010 to 2019

Supplementary notes

Figures have been rounded.
Figures for 2010 to 2016 come from earlier reports.

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